Condition for Senior Citizens When They Can’t Avail Standard Deduction In the event, the senior citizen does not have a pension or salary income, then he will be unable to avail of the deduction as given in the provision. For instance, a senior citizen has placed his or her retirement co...
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The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. Autopay is not required to receive a loan from SoFi. Direct Deposit Discount: To be eligible to potential...
Alok Agrawal, Senior Director, Deloitte India further adds, "Standard deduction of Rs 40,000 p.a. for salaried individuals seems to be a very nominal benefit as the current tax-free limit for medical expense reimbursement of 15,000 p.a. and ...