Pensioners Tax Deduction: Big gift to government pensioners in the budget, now they will get a rebate of up to Rs 25000!
Giving big relief to the taxpayers, the Union Finance Minister has increased the limit of standard deduction. In the budget, the limit of standard deduction has been increased to Rs 75,000 per year under the new tax regime, which was earlier Rs 50,000 per year. Besides, changes have also been made in the tax slab