Poonawalla fincorps
Poonawalla fincorps

Standard deduction for pensioners

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(Querist)
08 February 2018 As you know pensioners are not entitle to get travelling allowance& medical allowance. So may i request you to kindly confirm whether pensioners will get straight 40000/ standard deductions?
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
08 February 2018 Yes as per Budget speech pensioners can claim Rs.40000/- Standard deduction.

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