2025 Standard Deductions And Tax Brackets In India. The standard deduction for salaried employees is proposed to be increased from rs 50,000 to rs 75,000. These adjustments will enable taxpayers to save as much as rs 17,500 in a financial year.
The old tax regime allows taxpayers to claim various deductions, such as those under section 80c, hra, and standard deductions, which help reduce the taxable income. Tax brackets for 2024 for tax year 2025: