Ans: Hi Satya
Under the new tax regime, EPF is not taxable but a deduction for the contribution is not available

Ans: Hello N

As a financial advisor, I would advise you to consult a chartered accountant for specific tax planning advice. They have expertise and in-depth knowledge of tax laws and regulations and can provide you with personalized strategies to minimize your tax liability. I can assist you in creating a comprehensive financial plan, but for tax planning, it is best to consult a tax professional.

Ans: Standard deduction is available person having income from salary (including pension) irrespective of quantum of salary

Ans: Yes