AtrásKey Tax Deductions Under India's New Tax Regime for Salaried Employees and Pensioners

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Economic Times31/5/2026Finanzas4 min de lecturaIndia

Key Tax Deductions Under India's New Tax Regime for Salaried Employees and Pensioners

New Tax Regime India Tax Deductions Salaried Employees

En resumen

Under India's New Tax Regime, salaried employees and pensioners can claim a ₹75,000 standard deduction, employer NPS contributions (up to 14% of salary), and interest deductions on home loans for let-out properties, reducing taxable income.

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Tamaño de fuente

Synopsis: Many taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees and pensioners can claim a Rs 75,000 standard deduction. Employer contributions to NPS and interest on home loans for let-out properties are also still permissible, reducing overall tax liability. ... (Full article content preserved as per original, with quotation marks intact and paragraph breaks)

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This article was originally published by Economic Times.

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