<h1>New Tax Regime Boost: Higher Deductions for Salaried Employees and Pensioners Announced in Union Budget 2024-25.</h1> The government has introduced measures to make the new tax regime more appealing, as announced by the Union Finance and Corporate Affairs Minister during the Union Budget 2024-25 presentation. Key changes include increasing the standard deduction for salaried employees from Rs. 50,000 to Rs. 75,000 and enhancing the deduction on family pensions for pensioners from Rs. 15,000 to Rs. 25,000. These adjustments aim to provide tax relief to approximately four crore salaried individuals and pensioners, potentially saving a salaried employee up to Rs. 17,500 annually in income tax.