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What is standard deduction whose limit raised to Rs 75,000 under new tax regime? 

India Today Video Desk
UPDATED: Jul 23, 2024 20:11 IST

The budget is filled with jargon that you may need help understanding. For instance - standard deductions. The government has announced that the standard deduction will be raised from Rs 50,000 to Rs 75,000 under the new tax regime. What does this mean? Watch this to know how you can save on paying some tax 

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