FamilyPension

What Is Standard Deduction in Income Tax (FY 2024-25 & FY 2025-26): Latest Rules, Benefits & Examples

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what is standard deduction in income tax

Learn what standard deduction in income tax means, the latest FY 2024-25 & FY 2025-26 updates, eligibility for salaried and pensioners, new vs old regime rules, benefits, examples, and FAQs—all explained in simple terms. Introduction When it comes to paying income tax in India, one of the most common questions salaried individuals and pensioners ask … Read more

Is 8th Pay Commission Applicable to Pensioners? Pension Calculation with Expert Analysis

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Is 8th Pay Commission Applicable to Pensioners

Is 8th Pay Commission applicable to pensioners? Discover the latest updates, expert analysis, and pensioner-specific impact expected from the upcoming 8th Central Pay Commission in India. What is the 8th Pay Commission? The 8th Central Pay Commission (8th CPC) is the upcoming government body expected to revise the salary structure, allowances, and pension systems for … Read more