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

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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OTHER VIDEOS FROM Budget 2024

Russia offers Su-57 fighter jet to India, Putin highlights deep defence ties

Russian President Vladimir Putin underscored the enduring strategic partnership between Russia and India during a discussion on military and technical cooperation at the St. Petersburg International Economic Forum (SPIEF). He noted that a substantial share of India's military equipment is of Russian origin, reflecting decades of close defence collaboration. Emphasising the trust between the two nations, Putin said their relationship extends beyond simple trade and arms sales. He cited the BrahMos supersonic missile as a successful example of joint research and development. Putin also revealed that Russia remains willing to sell its Su-57 fighter jet to India, despite an earlier joint development programme not materialising.

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