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salary standard deduction

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15 January 2019 what is the standard deduction of rs. 40,000 in salary head???and how to be dealt wuth ut while detailing the form 16??

15 January 2019 Standard Deduction is Amount to be Deducted From Gross Salary For Arriving at Net taxable Salary. in Form 16 After Gross Salary Computation Deduction u/s 16 of Rs:-40,000/- is to be given to employees

for Referring example click on below Link https://economictimes.indiatimes.com/img/62914496/Master.jpg



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