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Tax

Standard Deduction Kya Hai? — Matlab, Definition & Example

Definition

Standard deduction salary/pension income se ek flat deduction hai. New Regime mein ₹75,000 aur Old Regime mein ₹50,000. Koi proof ya bill nahi chahiye.

💡 Real Example

With ₹75,000 standard deduction under New Regime, a person earning ₹12.75 lakh has taxable income of ₹12 lakh — which is tax-free after rebate.

🇬🇧 English Mein (Standard Deduction)

Standard deduction is a flat deduction from salary/pension income, replacing transport allowance and medical reimbursement. Under New Regime (FY 2025-26 onwards): ₹75,000. Under Old Regime: ₹50,000. No bills or proof required — automatically available to all salaried employees and pensioners.

❓ Common Questions

Standard Deduction kya hai simple words mein?
Standard deduction salary/pension income se ek flat deduction hai. New Regime mein ₹75,000 aur Old Regime mein ₹50,000. Koi proof ya bill nahi chahiye.
Standard Deduction ka ek example do?
With ₹75,000 standard deduction under New Regime, a person earning ₹12.75 lakh has taxable income of ₹12 lakh — which is tax-free after rebate.
Standard Deduction ko English mein kya kehte hain?
English mein ise Standard Deduction kehte hain. Standard deduction is a flat deduction from salary/pension income, replacing transport allowance and medical reimbursement. Under New Regime (FY 2025-26 onwards): ₹75,000. Under Old Regime: ₹50,000. N