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standard deduction

Dec 15, 2019, 08.35 AM IST

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STANDARD DEDUCTION

Does pension from EPFO qualify for standard deduction?

"The pension received from EPFO is taxable under the head salary and it will qualify for the standard deduction. "

Can I claim standard deduction from pension received from EPFO?

"The standard deduction of up to Rs 50,000 is available for income from salar...

Is the LIC annuity from employer superannuation scheme eligible for standard deduction?

Dilip Lakhani, Senior Chartered Accountant, answers q...

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