New Tax Regime 2025 Standard Deduction 2025

New Tax Regime 2025 Standard Deduction 2025. Budget 2025 has hiked the standard deduction limit from rs 50,000 to rs 75,000 under the new income tax regime. The top marginal income tax rate of 37 percent will hit.


New Tax Regime 2025 Standard Deduction 2025

The 2025 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household. The budget introduces personal income tax relief for four crore salaried and pensioners under the new tax regime, with the standard deduction increased to โ‚น75,000.

New Tax Regime 2025 Standard Deduction 2025 Images References :