March 21, 2026.
All about income tax on salary-Financial Year 2025-26.
A comprehensive guide.
Income Tax Calculator- FY 2025-26.
Income Tax Rates FY 2025-26.
Finance Bill 2025
Income Tax Act 1961-Asamended by Finance Act 2025
Income Tax important sections for availing deductions from Income.
Deduction limits
NSC VIII th Issue -Interest eligible for deduction U/S 80C FY 2025-26.
NSC Interest and Maturity Value Calculator
NSC Accrued Interest Chart
HRA Rebate Calculator.
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Important points to remember:
Standard Deductions:
Standard Deductions -New Tax Regime Max Rs 75000.
Standard Deductions Old Tax Regime Max Rs 50000.
Standard Deductions Family Pensioners Max Rs 25000.
Section 87A. New Tax Regime
A resident individual (whose net income does not exceed Rs. 7,00,000) can avail rebate under section 87A.
It is deductible from income-tax before calculating education cess.
The amount of rebate is 100 per cent of income-tax or Rs. 25000, whichever is less.
Section 87A: Old Tax Regime
A resident individual (whose net income does not exceed Rs. 5,00,000) can avail rebate under section 87A.
It is deductible from income-tax before calculating education cess.
The amount of rebate is 100 per cent of income-tax or Rs. 12,500, whichever is less.
Section 80TTA-Interest frrom Savings Bank Account: Old Tax Regime
For Individuals other than senior Citizens :Max Rs10000.
Interest on Fixed and other deposits not allowed.
Section 80TTB-Interest frrom Savings Bank and Fixed Deposit Accounts Account: Old Tax Regime
For Senior Citizens :Interest from Savings and Fixed Deposit Accounts:
Max Rs50000.
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Subramanian S (Retd Manager,United Bank of India.)