The salaried individuals and pensioners can claim a certain amount under standard deduction under Income Tax Act, by default without any investment or spending of money by the taxpayers. The provision was taken down for a number of years and was re-introduced during the Budget announcement in 2018. With effect from FY 2024-25, under the new tax regime , the standard deduction is increased to Rs.75,000 , while salaried taxpayers are eligible for the standard deduction of only Rs.50,000 under the old regime.
How old was Carlos Sainz when he made history by winning the Dakar Rally for the fourth time in 2024, marking him as the oldest winner of a gruelling race?
What is the main component of natural gas?
For the second consecutive year, who has become the Chief Minister of the state Tripura?
On what date was the Economic Capital Framework (ECF) adopted by the RBI?v
Name the recently launched book by the author Stephen Barker?
______ years old statues of Lord Vishnu and Goddess Lakshmi was found in Baghanki village, Manesar, Gurugram?
Which of these research organizations has recently launched its first ever Unmanned Aerial Vehicle(UAV) using the Autonomous Flying Wing Technology Demo...
The Ministry of education organized ______ Parv to honor the teachers and advance the new National Education Policy (NEP) from 5th to 8th September, 2022.
Which of the following is not owned by the govt.?
Which Guru of the Sikh religion was executed by Aurangzeb?