80c Deduction Limit For Ay 2024-24. B) increase in the rebate limit to rs.7 lakh in the ‘new tax regime’. Combined deduction limit of ₹ 1,50,000 80ccd (1b) deduction towards payments made to pension scheme of central government, excluding deduction claimed under 80ccd (1).
Exemption limit where journey is. 1,50,000 12 is the aggregate of.
No Deduction Under Sections 80C And 80D Are Available Under The New Tax.
C)extend the benefit of standard deduction to the.
Deduction Towards Payments Made To Pension Scheme Of Central Government, Excluding Deduction Claimed Under 80Ccd (1) Deduction Limit Of ₹ 50,000 Section 80Ccd(2)
Various investments and expenditures specified under section 80c allow.
A) Change In Tax Slab Of ‘New Tax Regime’.
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Going By The Current Income Tax Slab And Rates, The Deduction Under Section 80C Can Help An Individual Paying Tax At 31.2 Per Cent To Save Tax Of Rs 46,800.
10(13a) house rent allowance (sec.
C)Extend The Benefit Of Standard Deduction To The.
You can claim standard deductions and exemptions, such as section 80c, 80d, etc., under the old regime but not the new one.