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Budget 2025: Taxpayers Expect Higher Standard Deduction and HRA Exemption

As the Union Budget 2025 approaches on February 1, Finance Minister Nirmala Sitharaman is expected to address rising concerns over high inflation and shrinking disposable incomes, with a focus on tax relief for salaried individuals. One of the most anticipated measures is the potential increase in the standard deduction for salaried employees. Under the current system, a standard deduction of Rs 75,000 is available for those opting for the New Tax Regime, while the Old Tax Reg

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29 Jan 2025 01:46 AM 1.31k views

Budget 2025: Taxpayers Expect Higher Standard Deduction and HRA Exemption

As the Union Budget 2025 approaches on February 1, Finance Minister Nirmala Sitharaman is expected to address rising concerns over high inflation and shrinking disposable incomes, with a focus on tax relief for salaried individuals. One of the most anticipated measures is the potential increase in the standard deduction for salaried employees. Under the current system, a standard deduction of Rs 75,000 is available for those opting for the New Tax Regime, while the Old Tax Reg

Business

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#budgetindia

Budget 2025: Taxpayers Expect Higher Standard Deduction and HRA Exemption

Budget 2025: Taxpayers Expect Higher Standard Deduction and HRA Exemption

75-year-old Mumbai man gets added to unknown WhatsApp group, loses Rs 11.1 crore

Five Dallas women die in fiery crash during girls trip north of Austin

Fatal Hammer Throw Accident at UCCS Track and Field Event

Actor Vijay Opposes Delimitation Process, Calls for Fair Representation and Independent Institutions

PCB Chief Slams India Over No Handshake Row, Calls It Lack Of Sportsmanship

White House Pushes Nobel Prize For Trump Citing India Pakistan Ceasefire And Global Peace

Google Cuts 10% of Managerial Staff Amid Efficiency Push and AI Competition

NISAU UK–ICEF partnership aims to ensure ethical recruitment for Indian students

Clashes erupt at Tehran Bazar as Iran protests turn deadly amid economic crisis

ICE clash leads to charge against Rep. McIver, Newark mayor's case dismissed

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75-year-old Mumbai man gets added to unknown WhatsApp group, loses Rs 11.1 crore

Five Dallas women die in fiery crash during girls trip north of Austin

Fatal Hammer Throw Accident at UCCS Track and Field Event

Actor Vijay Opposes Delimitation Process, Calls for Fair Representation and Independent Institutions

PCB Chief Slams India Over No Handshake Row, Calls It Lack Of Sportsmanship

White House Pushes Nobel Prize For Trump Citing India Pakistan Ceasefire And Global Peace

Google Cuts 10% of Managerial Staff Amid Efficiency Push and AI Competition

NISAU UK–ICEF partnership aims to ensure ethical recruitment for Indian students

Clashes erupt at Tehran Bazar as Iran protests turn deadly amid economic crisis

ICE clash leads to charge against Rep. McIver, Newark mayor's case dismissed

#budgetindia

Budget 2025: Taxpayers Expect Higher Standard Deduction and HRA Exemption

Budget 2025: Taxpayers Expect Higher Standard Deduction and HRA Exemption

75-year-old Mumbai man gets added to unknown WhatsApp group, loses Rs 11.1 crore

Five Dallas women die in fiery crash during girls trip north of Austin

Fatal Hammer Throw Accident at UCCS Track and Field Event

Actor Vijay Opposes Delimitation Process, Calls for Fair Representation and Independent Institutions

PCB Chief Slams India Over No Handshake Row, Calls It Lack Of Sportsmanship

White House Pushes Nobel Prize For Trump Citing India Pakistan Ceasefire And Global Peace

Google Cuts 10% of Managerial Staff Amid Efficiency Push and AI Competition

NISAU UK–ICEF partnership aims to ensure ethical recruitment for Indian students

Clashes erupt at Tehran Bazar as Iran protests turn deadly amid economic crisis

ICE clash leads to charge against Rep. McIver, Newark mayor's case dismissed

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