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Standard Deduction

Standard Deduction: New vs Old Tax Regime Rules

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Understand how the ₹75,000 standard deduction works in the new tax regime for AY 2026-27, and how it compares to the old regime's ₹50,000 deduction.

LastminuteITR — Filing in 10 Min

LastMinuteITR Editorial Team

15 June 2026

5 min read
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