More Than 40 deductions or exemptions available under New Tax Regime For FY 24-25: Check Before Filing

Mitali , Last updated: 28 August 2025 Share Follow on Google News

The New Tax Regime for the financial year 2024-25 offers more than 40 deductions and exemptions. Let's check what those are- Standard Deduction - Rs 75,000 for Salaried or Pensioner. Basic Exemption Limit - Up to 3 Lakh No Tax Rebate 87A - T.I. Rs 7 Lakh - Tax Rebate Rs 25,000 Family Pension

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About the Author

Mitali

Finance Professional

I write about Income Tax, GST, TDS, RBI updates, government schemes, and personal finance in India. My focus is on simplifying complex tax and compliance topics into easy-to-understand guides that help readers stay updated with the latest financial rules, investment options, and regulatory changes.

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More Than 40 deductions or exemptions available under New Tax Regime For FY 24-25: Check Before Filing

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