Question

maximum standard deduction under salaries is​

Answer 1

Standard Deduction from Salary: Standard Deduction of Rs. 40,000 is allowed from Salary Income for FY 2018-19. This limit has been increased to Rs. 50,000 from FY 2019-20.

Answer 2

Considering that standard deduction will be introduced in lieu of transport allowance and medical reimbursements, the net increase in deduction shall be a maximum of Rs. 5,800.

...

$\mathfrak{\huge{\blue{\underline{\underline{ᴍʀ.sʜᴀʀᴍᴀ:}}}}}$