Standard Deduction on Salary in FY 2024–25: Claim ₹75,000 Automatically & Save Tax Smartly

Standard Deduction on Salary in FY 2024–25

Understand how the ₹75,000 standard deduction on salary works under new and old tax regimes. Learn eligibility, savings impact, and how to claim it in ITR filing. Introduction: Why the Standard Deduction on Salary Matters Now More Than Ever The Union Budget 2024–25 brought a significant relief for India’s salaried and pensioned citizens. One of … Read more