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Tax deductions under the new regime: Key points

February 07, 2024

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Mint Kolkata

Exemptions of ₹25 lakh on leave encashment at retirement; ₹20 lakh on gratuity are allowed under new tax regime

- Jash Kriplani

While the new tax regime trims down the deductions and exemptions available to taxpayers, it still offers several strategic benefits that can lighten the load for individual taxpayers. Here's a breakdown of what you can still claim under the revamped system.

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