Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a taxpayer.

Following the Covid-19 pandemic, there was a surge in consumption due to pent-up demand. However, the sluggish wage growth ...

Under the old tax regime, a standard deduction of Rs 50,000 is available for the salaried class, while under the new tax ...

Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...

E-Commerce industry stakeholders showed optimism about last year’s budget and brought in good results for the sector. The ...

While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions ...