Standard Tax Deduction 2025 . Learn how it would impact your income tax. Explore standard deduction under section 16(ia) and in the new tax regime.
Know standard deduction in new & old tax regimes, its applicability, & benefits for senior citizens. The standard deduction amounts will increase to $15,000 for individuals and married couples filing separately, representing an increase of $400 from 2024.
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What Is The Standard Deduction For 2025 Taxes Penelope Gill , Under the new tax regime, the government increased the standard deduction ceiling from โน 50,000 to โน 75,000 3) standard deduction for family pensioners the standard deduction limit for family.
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