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

Finance

Economic Times31/05/2026Finance4 min de lectureIndia

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

New Tax Regime India Tax Deductions Salaried Employees

L'essentiel

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.

Résumé généré par IA

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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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