What Is The Standard Deduction For 2025

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What Is The Standard Deduction For 2025. Single or married filing separately—$14,600. Standard deduction limit hiked in the new tax regime to make the new tax regime more attractive, budget 2025 raised the basic exemption limit to rs 75,000 from rs 50,000 in the new tax regime.


What Is The Standard Deduction For 2025

People 65 or older may be eligible for a higher amount. Similarly, deduction on family pension for pensioners is proposed to be.

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