STANDARD DEDUCTION & CONVEYANCE EXEMPTION- Combo of Tax Benefits for Salaried! TIPS by Mukesh Patel

Can a Salaried Tax Payer enjoy the Combo of Tax Benefits of Standard Deduction & Exemption for Conveyance Allowance, simultaneously availing the Advantage of Concessional Tax Rates under the New Income Tax Regime?
In response to a Viewer’s Question on CNBC Awaaz Tax Guru Mukesh Patel lucidly explains how Salaried Tax Payers can plan to enjoy this Tax Saving Bonanza!
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#practicaltaxplanning
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#salaried
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STANDARD DEDUCTION & CONVEYANCE ALLOWANCE- Combo of Tax Benefits for Salaried! TIPS by Mukesh Patel

[@avinashkumar-po2ys]

Children Education allowance of Rs 1200 (100x12) for one child has already been added to my gross salary shown in Form 16. Hence may I claim deduction of this Rs 1200 for refund in the "New ITR" clause Section 10(14)(ii).....? Plz reply....🙏

[@saurabhpandey7828]

Yes

[@pankajkmahawar]

Sir Central government employees ka Uniform Allowance exempted hoga kya New tax regime me

[@trilokchandrafulara7831]

Hoga

[@cainstituteinformation3534]

Notification no. ?