New Tax Regime Slab & Exemption List PDF

New Tax Regime Slab & Exemption List - Summary

The New Tax Regime was introduced with the altered tax slabs and concessional tax rates. It applies to all taxpayers, including individuals, Hindu Undivided Families (HUFs), and Association of Persons (AOPs).

In the case of salary income, the Standard Deduction of Rs 50,000, which was previously only available under the Old Tax Regime, was extended to the new tax regime. Under the New Tax Regime, you can enjoy a tax-free income of Rs 7.5 lakhs, which is after you apply the standard deduction and tax rebate.

New Tax Regime Exemption List 2025

1. Transport Allowances w.r.t. Person with Disabilities (PwD)
2. Conveyance Allowance
3. Travel/ Tour/ Transfer Compensation
4. Perquisites for Official Purposes
5. Exemptions for Voluntary Retirement Scheme u/ Section 10(10C)
6. Gratuity Amount u/ Section 10(10)
7. Leave Encashment u/ Section 10(10AA)
8. Interest on Home Loan on Lent-out Property u/ Section 24
9. Gifts of Up to Rs. 5,000
10. Employer’s Contributions to Employees NPS Accounts u/ Section 80CCD(2)
11. Additional Employee Costs u/ Section 80JJA
12. Deductions on Deposits in Agniveer Corpus Fund u/ Section 80CCH(2)

• CA Final (New) Indirect Tax Laws Nov 2019
• CA Final (New) Indirect Tax Laws May 2019
• CA Final (New) Indirect Tax Laws Nov 2018
• CA Final (New) Indirect Tax Laws May 2018
• CA Final (New) Direct Tax Laws and International Taxation Nov 2019
• CA Final (New) Direct Tax Laws and International Taxation May 2019
• CA Final (New) Direct Tax Laws and International Taxation Nov 2018
• CA Final (New) Direct Tax Laws and International Taxation May 2018

New Tax Regime Slab & Exemption List PDF Download