What Is Standard Deduction in Income Tax (FY 2024-25 & FY 2025-26): Latest Rules, Benefits & Examples

what is standard deduction in income tax

Learn what standard deduction in income tax means, the latest FY 2024-25 & FY 2025-26 updates, eligibility for salaried and pensioners, new vs old regime rules, benefits, examples, and FAQs—all explained in simple terms. Introduction When it comes to paying income tax in India, one of the most common questions salaried individuals and pensioners ask … Read more

Standard Deduction for FY 2024-25: Old vs New Regime, Eligibility & Tax Benefits

Standard Deduction for FY 2024-25

Learn the latest rules for standard deduction in FY 2024-25. Know the limits under old and new tax regimes, family pension benefits, and how it reduces taxable income. Get examples, FAQs, and practical insights to choose the right regime. Tax planning is one of the most important aspects of personal finance. For salaried employees and … Read more

TDS Calculator on Salary for FY 2025–26 in India – Monthly Breakdown Guide

TDS Calculator on Salary for FY 2025–26

Learn how TDS is deducted from your monthly salary under the new and old tax regimes for FY 2025–26. Real-life examples, downloadable tools, updated tax slabs, and a complete TDS calculator guide for salaried individuals in India. With the rollout of the FY 2025–26 income tax provisions, salaried employees in India are keen to understand … Read more

Old vs New Tax Regime 2025: Which Saves You More Money? (Calculator Inside)

Old vs New Tax Regime 2025

Confused between old and new tax regime in 2025? Our detailed comparison with ₹7L/₹15L/₹25L salary examples and built-in calculator helps you choose the best option. Learn which deductions work and how much tax you’ll pay in each regime. Choosing between the old and new tax regime in 2025 can significantly impact your take-home salary and tax savings. … Read more

TDS Calculation on Salary in India (FY 2024-25): Step-by-Step Guide with Excel Formula & Free Calculator

TDS Calculation on Salary

Learn TDS calculation on salary in India with easy steps, Excel formula & a free TDS calculator. Know deductions, new tax regime impact & TDS on ₹50,000 salary. Stay tax-compliant with our expert guide for FY 2024-25. What is TDS on Salary? In India, TDS (Tax Deducted at Source) is a crucial part of the … Read more

Standard Deduction in New Tax Regime: How Much Can You Claim in 2025-26?

standard deduction in new tax regime

Wondering how the standard deduction in new tax regime impacts your taxes? Get the latest details for FY 2025-26, compare tax regimes, and use our Income Tax Calculator to find out which option saves you more. Read now for expert insights! When filing income tax returns, one of the biggest decisions taxpayers face is choosing … Read more