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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