Dear professionals,
I had a little confusion regarding if standard deduction is applicable in new tax regime or not ? kindly reply as your convenience
thank you
According to the following website, standard deduction is not available in case of the new tax regime.
https://cleartax.in/s/standard-deduction-salary
Naveen Fintech Pvt Ltd
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Gupta Sachdeva & Co. Chartered Accountants
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