Who is Eligible for Rs 50,000 Standard Deduction in New Tax Regime?

Who is Eligible for Rs 50,000 Standard Deduction in New Tax Regime? Standard Deduction of Rs 50,000 is now available for EVERY Salaried & Pensioners under the New Tax Regime in India (2023). This new change has been introduced under Section 16(ia) in Budget 2023, and for new tax regime which was introduced as an alternative tax system under section 115BAC

How Senior Citizens can invest Rs 1.08 Crore in SCSS, PMVVY, POMIS to generate Risk-Free Interest Income (2023)?

The Budget 2023 brought a lot of good news for senior citizens in India. The majority of Indians above the age of 60 depend on government instruments to provide risk-free interest income during retired life. While many have the benefit…