https://www.taxtmi.com/manuals?id=1859 Standard deduction is available only against income chargeable under the head Salaries, including for salaried individuals and retirees receiving pension. It is allowed without any documentation requirement. Under the old regime, the deduction is 50,000, while under the new regime it is 75,000. The deduction applies to eligible individuals for computing total income under the applicable salary-tax framework. en-us Mon, 27 May 2019 11:39:00 +0530 Wed, 25 Mar 2026 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1859 Standard deduction is available only against income chargeable under the head Salaries, including for salaried individuals and retirees receiving pension. It is allowed without any documentation requirement. Under the old regime, the deduction is 50,000, while under the new regime it is 75,000. The deduction applies to eligible individuals for computing total income under the applicable salary-tax framework. Manuals Income Tax Mon, 27 May 2019 11:39:00 +0530 https://www.taxtmi.com/manuals?id=1859