For FY 2020-21, standard deduction remains same as the previous year at Rs.50,000. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these funds, their future prospects or returns. However, no deduction u/s 80TTA will be allowed in these cases. [CDATA[>*/ The standard deduction is usually deducted from the gross salary and claimed as an exemption. Income Tax in India : Basics, slabs and E-filing Process 2021. ^Individual Death Claims Paid Ratio as per IRDAI Annual Report FY 2021-2022, 8https://www.moneycontrol.com/news/business/economy/buy-term-insurance-now-as-rates-may-rise-from-april-1-4930921.html. [CDATA[/* > Winecup Gamble Ranch Lawsuit, World Pride Sydney 2023, Arkansas Court Connect, Morton Wedding Hashtag, Articles S