Standard Deduction 2025 Taxes. The finance act, 2023, introduced significant relief under section 115bac, raising the minimum taxable limit to ₹3,00,000 and offering a standard deduction of ₹50,000 for. Include hra in the new tax regime, raise standard deduction to rs 1 lakh, urge experts.


Standard Deduction 2025 Taxes

You don’t pay federal income tax on every dollar of your income. New standard deductions for 2025.

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