Tax Standard Deduction 2025. From additional deductions in the new tax regime to an increase in the deduction limit available under section 80c, and a simplified tax structure under the. Family pensioners can also claim standard deduction of rs 15,000 under.
From additional deductions in the new tax regime to an increase in the deduction limit available under section 80c, and a simplified tax structure under the. The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household.