Sat, February 1, 2025
[ Sat, Feb 01st ]: RepublicWorld
Income Tax Slabs 2025-26 Budget 2025 Live Updates .. Will Sitharaman Announce Relief For Middle Class?
[ Sat, Feb 01st ]: Reuters
India's benchmarks hold gains as finance minister starts budget speech
[ Sat, Feb 01st ]: Reuters
French PM Bayrou's budget bill moves ahead as lawmakers strike deal on text
[ Sat, Feb 01st ]: MSN
Budget 2025: FM Nirmala Sitharaman educational qu .. n - Impressive journey from academics to politics
[ Sat, Feb 01st ]: MSN
Budget a pivotal opportunity to strengthen India's business and enterprise, say experts
[ Sat, Feb 01st ]: Oneindia
Budget 2025 Time: When And Where To Watch The Live Budget Speech Today
Fri, January 31, 2025
[ Fri, Jan 31st ]: Bustle
Your February Money Horoscope
[ Fri, Jan 31st ]: Mint
Budget 2025 expectations LIVE: Income Tax expecta .. ns for key sectors - what India wants from the FM
[ Fri, Jan 31st ]: wjla
Empowering Growth: HCEDA CEO Jennifer Jones on business resources in Howard County
[ Fri, Jan 31st ]: CNBC
How to apply for a mortgage
[ Fri, Jan 31st ]: MoneySense
When does the capital gains tax inclusion rate increase take effect?
[ Fri, Jan 31st ]: Fortune
'Control of our destiny': UPS braves blowback over Amazon break
[ Fri, Jan 31st ]: cfodive
CFO Dive's 2025 outlook roundup: Trends to watch
[ Fri, Jan 31st ]: cnbctv18
Budget Economic Survey 2025 Highlights: Self-empl .. in India; reflects shift towards entrepreneurship
[ Fri, Jan 31st ]: AOL
How healthy are your finances, really? 4 money questions to ask yourself today
[ Fri, Jan 31st ]: AOL
What Is a Fixed Annuity? Investment Benefits and Disadvantages
[ Fri, Jan 31st ]: cnbctv18
Budget Economic Survey 2025 Live: West Bengal amo .. significant potential for reform-led development
[ Fri, Jan 31st ]: RepublicWorld
Union Budget 2025: Live Streaming - When And Where To Watch
[ Fri, Jan 31st ]: Investopedia
Moving Abroad for the Next 4 Years? Here's What It'll Really Cost You
[ Fri, Jan 31st ]: Kiplinger
The Outlook for Home and Auto Insurance in 2025
[ Fri, Jan 31st ]: Techopedia
Perplexity's Sonar: New API for AI Search Explained
[ Fri, Jan 31st ]: Kiplinger
Three Key Questions for Small-Business Owners in 2025
[ Fri, Jan 31st ]: Forbes
In Crypto We Trust: What The Trump Administration Means For Crypto
[ Fri, Jan 31st ]: fintechmagazine
This Week's Top 5 Stories in the Fintech Industry
[ Fri, Jan 31st ]: Reuters
US economy resilient despite moderation in growth in fourth quarter
[ Fri, Jan 31st ]: Oneindia
Economic Survey 2024-25: From Grains To Fisheries, India's Agriculture Achieves Strong Growth
[ Fri, Jan 31st ]: NDTV
Budget 2025: What Is Standard Deduction And How It Benefits Taxpayers
[ Fri, Jan 31st ]: MSN
The FBI says crypto fraud cost Americans $5.6 billion a year. Here's how you can stay safe
[ Fri, Jan 31st ]: MSN
Yoma James Kukor: The Entrepreneur Redefining Success in Finance and Business
[ Fri, Jan 31st ]: Reuters
French budget talks on right path, Finance Minister says
[ Fri, Jan 31st ]: Indiatimes
Economic Survey 2025 Live Updates: PM Modi invoke .. for poor and middle class ahead of Budget session
Thu, January 30, 2025
[ Thu, Jan 30th ]: Newsroom
Finance boss steps out of the fire - into the Health NZ pan
[ Thu, Jan 30th ]: Investopedia
S&P 500 Gains and Losses Today: UPS Stock Drops as Shipper Trims Amazon Deliveries
[ Thu, Jan 30th ]: AOL
6 ways for seniors and retirees to save on homeowners insurance
[ Thu, Jan 30th ]: decrypt
Elastos Secures $20M Investment from Rollman Capital to Unlock Trillions in Bitcoin Finance
[ Thu, Jan 30th ]: Forbes
10 Technology And Business Trends That May Revolutionize Finance In 2025
[ Thu, Jan 30th ]: NDTV
Experts On How Budget Can Empower Businesses And Consumers
[ Thu, Jan 30th ]: cnbctv18
Digital payments rise 11% on year in September 2024: RBI data
[ Thu, Jan 30th ]: Oneindia
Union Budget 2025: Will Stock Markets Remain Open .. eb 1? Know Whether You Can Do Trading On Saturday
[ Thu, Jan 30th ]: Couriermail
Millers and Noni B close as last of Mosaic Brands shuts down
[ Thu, Jan 30th ]: MSN
Planes and trains are great, but Reeves must fix financial infrastructure too
[ Thu, Jan 30th ]: Reuters
Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target
Wed, January 29, 2025
[ Wed, Jan 29th ]: Indiatimes
Budget 2025 Expectations Live Updates: Income tax .. haraman may push consumption growth, record capex
[ Wed, Jan 29th ]: cnbctv18
Budget 2025 expectations highlights: Tackling Ind .. r balance sheet' challenge for economic stability
[ Wed, Jan 29th ]: Reuters
Japan to cooperate with Bessent on forex, other issues
[ Wed, Jan 29th ]: UPI
RFK Jr. denies anti-vaccine stance in confirmation hearing
[ Wed, Jan 29th ]: MSN
Trump Media Announces New Push Into Finance to Support the 'Patriot Economy'
[ Wed, Jan 29th ]: Forbes
Why CEOs Must Actively Prevent An Echo Chamber At The Top

Budget 2025: What Is Standard Deduction And How It Benefits Taxpayers

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. ard-deduction-and-how-it-benefits-taxpayers.html
  Print publication without navigation Published in Business and Finance on by NDTV
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
With the Union Budget 2025 set to be presented on February 1, Finance Minister Nirmala Sitharaman faces mounting expectations for tax relief as inflation rises and disposable income shrinks.
The article from NDTV discusses the concept of standard deduction in the context of the Indian Union Budget 2025. Standard deduction is a fixed amount that salaried individuals can claim as a deduction from their taxable income, simplifying the tax filing process by eliminating the need for detailed expense documentation. Currently set at Rs 50,000, this deduction helps reduce the taxable income of employees, thereby lowering their tax liability. The article explains how this deduction benefits taxpayers by providing a straightforward tax relief mechanism, especially beneficial for those with lower incomes or those who do not have significant expenses to claim. It also touches upon the potential adjustments to this amount in the upcoming budget, considering inflation and changes in economic conditions, which could further influence taxpayers' financial planning.

Read the Full NDTV Article at:
[ https://www.ndtv.com/business-news/budget-2025-what-is-standard-deduction-and-how-it-benefits-taxpayers-7595408 ]