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How Pensioners Can Claim Standard Deduction?
Before we understand the new provision of 'standard deduction' available to pensioners which will help reduce their tax liability. We need to re-state here that pension income is taxable for pensioners under the head 'salaries', so as per the amendment notified ...

Last Minute Tax Planning Guide For FY 2017-18
For the tax planning exercise to bear fruit for you as reduced tax liability for FY18, it should actually have been a year-round process as any last-minute investment decision to save tax can be an impromptu attempt. Also, you need to ...
Deductions allowed to self-employed individuals for taxation
Self-employed individuals for their tax computation purposes are allowed few of the deductions under the Indian Income Tax Act which can hence reduce their total taxable income by the same proportion. The allowed or permissible deductions are follows: a) Rent, ...
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