Income Tax Standard Deduction For Ay 2025-26

Income Tax Standard Deduction For Ay 2025-26. 75,000 for taxpayers opting for the new tax regime (section 115bac). Income tax payers have a long wishlist, featuring a 30 percent tax slab only for those with incomes over rs 20 lakh, inclusion of 80c and housing benefits under the new tax.

Deduction for family pension under section 57,. Income tax payers have a long wishlist, featuring a 30 percent tax slab only for those with incomes over rs 20 lakh, inclusion of 80c and housing benefits under the new tax.