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What is the maximum limit for claiming standard deduction for salaried individuals in the financial year 2022-23?

Practice Questions

1 question
Q1
What is the maximum limit for claiming standard deduction for salaried individuals in the financial year 2022-23?
  1. Rs. 50,000
  2. Rs. 1,00,000
  3. Rs. 30,000
  4. Rs. 40,000

Questions & Step-by-step Solutions

1 item
Q
Q: What is the maximum limit for claiming standard deduction for salaried individuals in the financial year 2022-23?
Solution: The maximum limit for claiming standard deduction for salaried individuals is Rs. 50,000.
Steps: 5

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