Standard Tax Deduction 2025 India For Seniors
Standard Tax Deduction 2025 India For Seniors. The additional standard deduction amount for 2025 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving. All senior citizens are eligible for this deduction, regardless.
Finance minister nirmala sitharaman’s budget 2025 has introduced a significant increase in the standard deduction limit, providing greater tax relief for. Deductions and exemptions under the new tax regime slabs.