What is Standard Deduction in Income Tax? Latest Rules, Benefits & Filing Guide 2025
Understand what is standard deduction in income tax and how it saves you βΉ75,000. Get step-by-step guide, latest rules, FAQs, filing tips, old vs new regime benefits, and maximise your tax savings in FY 2025-26. Fully updated and beginner-friendly. Understand the βΉ75,000 standard deduction, Sectionβ―16 rules, whoβs eligible, and how it compares in old vs … Read more