Budget 2025 income tax: Why standard deduction should be hiked under new tax regime
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Budget 2025 income tax expectations: Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a taxpayer. Personal tax experts are of the view that since no major exemptions and deductions are available under the new income tax regime, there is a strong case to hike the standard deduction. What's Your Reaction?
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