New Tax Regime - Exemptions and Deductions


Quick Summary
This guide explains the New Tax Regime in India, offering lower tax rates but fewer deductions. It details available exemptions and deductions, including the standard deduction for salaried individuals, tax-free retirement benefits, and employer contributions to NPS/PF. It also covers specific allowances and notes that the new regime is now the default option. This information is useful for salaried employees and pensioners looking to understand their tax obligations under the revised system.

File details
DOCX 27 KB 0 downloads Income Tax
File description
New Tax Regime - Exemptions and Deductions #docx
Comments


CCI Pro


Popular Files


Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
07 August 2026
Chartered Accountant

Devesh Garg and co

New Delhi

CA

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
14 August 2026
Article Assistant CA Articleship

Eshwar & Co Chartered Accountants - Nungambakkam

Chennai

CA Inter

View Details
Company
11 August 2026
Chartered Accountant

Aviv Global Pvt Ltd

Ahmedabad

CA

View Details
Company
19 August 2026
PAID ARTCILE ASSISTANT

My Legal Tax Consultants Pvt. Ltd.

Noida

CA Inter

View Details
FOLLOW
US ON