Standard Deduction u/s 16(i)

Question

21 Jan 2021

Answer :

Word Count : 346

**Standard Deduction u/s 16(i) in Income Tax:**

Section 16(i) of the Income Tax Act in India provides for a standard deduction from the salary income of salaried individuals and pensioners. This deduction aims to provide relief to taxpayers by reducing their taxable income.

**Key Points:**

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