Standard Deduction Under Section 16(ia): ₹75,000 Tax Relief for Salaried & Pensioners in 2024–25

Standard Deduction Under Section 16(ia)

Understand the ₹75,000 standard deduction under Section 16(ia) for FY 2024–25. See who can claim it, how it compares with the old regime, and how it helps salaried employees and pensioners save more in taxes. As salaries rise and tax structures evolve, understanding the standard deduction under Section 16(ia) becomes essential for every Indian employee—especially … Read more

How to Calculate TDS on Salary in India (FY 2025–26): Step-by-Step Guide

TDS Calculation On Salary

Learn how TDS is calculated on your salary with real examples, regime comparison, and expert-backed tips to boost take-home for FY 2025–26. In India, every salaried employee earning above a certain threshold is subject to Tax Deducted at Source (TDS), which their employer deducts from monthly pay. This deduction ensures timely collection of income tax … Read more