Govt Clarifies Rs 75,000 Standard Deduction Under New Tax Regime in Income Tax Bill 2025

Last updated: 15 August 2025

The Government has formally clarified that salaried employees opting for the new income tax regime will be entitled to a standard deduction of Rs 75,000 from April 1, 2026, under the New Income Tax Bill, 2025. The clarification, also incorporated into the existing Income Tax Act, 1961, aims to remov

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