Monday, 26 January 2026

Standard deduction on pension: What every senior citizen should know

Zee News Standard deduction is a flat amount that is automatically subtracted from pension or salary income before tax is calculated. Unlike other tax benefits, it does not require any bills or documents.  https://ift.tt/aubG3Hm January 26, 2026 at 09:00PM Standard deduction is a flat amount that is automatically subtracted from pension or salary income before tax is calculated. Unlike other tax benefits, it does not require any bills or documents. 

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