https://www.taxtmi.com/highlights?id=80098 Deduction on salary and family pension enhanced for taxpayers opting for new tax regime. Standard deduction on salary increased from fifty thousand to seventy five thousand rupees. Deduction on family pension increased from fifteen thousand to twenty five thousand rupees or thirty-three and one-third percent of such income, whichever is less. Amendments effective from April 1, 2025 for assessment year 2025-26 onwards. en-us Sat, 03 Aug 2024 15:14:16 +0530 Sat, 03 Aug 2024 15:14:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=80098 Deduction on salary and family pension enhanced for taxpayers opting for new tax regime. Standard deduction on salary increased from fifty thousand to seventy five thousand rupees. Deduction on family pension increased from fifteen thousand to twenty five thousand rupees or thirty-three and one-third percent of such income, whichever is less. Amendments effective from April 1, 2025 for assessment year 2025-26 onwards. Highlights Bill Sat, 03 Aug 2024 15:14:16 +0530 https://www.taxtmi.com/highlights?id=80098