New Vs. Old Tax Regime: What Exemptions and Deductions Are Allowed & Not Allowed?

New Vs. Old Tax Regime: What Exemptions and Deductions Are Allowed & Not Allowed? Income Heads Wise Exaplined
HKHR
Website: ibatraining.in/
WhatsApp: wa.link/7flfza
Call: 9820337194
Instagram: / ibatraining
IBA Training
Institute of Business Applications (IBA) is leading institute that provides practical Training (Online & Classroom) in Accounts up to finalization, Finance (Financial Analysis to Financial Modelling & Valuation), Taxation (GST, Income Tax, TDS, Custom duty, Payroll Compliance), Audit (Tax Audit, Company's Audit), SAP ERP, (SAP FICO), VBA excel macros and many more.
Some other playlists
How to Use AI in Accounting, Taxation & Finance
• AI in Accounts, Taxati...
How To Make Better Career in Accounts
• HK How To Make Better ...
Accounts Practical Training
• Accounts Practical Kno...
Income Tax Training
• Income Tax Practical K...
TDS & TCS Training
• TDS & TCS Practical kn...
GST Training
• GST Practical Training
SAP FICO Training
• SAP FICO Training
Queries Resolved.
1. new tax regime deductions
2. new tax regime vs old tax regime.
3. new tax regime.
4. new tax regime deductions and exemptions
5.new tax regime deductions for salaried employees
#incometax #incometaxreturn #newtaxregime

[@renupali627]

Great explanation 👏

[@pravinwankar2181]

Sir I am train driver in Railway. In old tax regime I get deduction of running allowance to the extent of 30% of such allowance subject to maximum of rs 10000/ per month under section 10(14). If I opt new tax regime, will this deduction be available in new tax regime also? Please clarify.

[@pravinwankar2181]

Sir I am working as a train driver in Railway. In old tax regime i get deduction of running allowance to the extent of 70% of such allowance subject to maximum of rs 10000/ per month under section 10(14). If I opt new tax regime will this deduction be available in new tax regime also? Please clarify.