What is the standard deduction for a salaried person under the old and new tax regimes?
What is the standard deduction for a salaried person under the old and new tax regimes?
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Aicountly Income Tax Desk
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A salaried employee (and a pensioner) gets a flat standard deduction from salary income without producing any bills. For FY 2025-26 (AY 2026-27) it is ₹50,000 under the old regime and ₹50,000 under the new regime (section 115BAC).
It is deducted from salary income before tax is computed, and it is available whether or not you have claimed other deductions. Confirm which regime applies to you with your employer or CA, as the choice affects the rest of your deductions.
Aicountly Income Tax Desk · 14m ago
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