Standard Deduction For 2024-25 In India. The old income tax regime. Calculate exempt portion of hra, by using this hra calculator.

Learn how the standard deduction amount for salaried individuals and pensioners has been increased to rs 75000 and rs 25,000 respectively in the new tax. On top of these exemptions, a standard deduction of 50,000 is available in both old and new regimes.