Standard Deduction For 2025 Tax Year. The withholding tax rate on mutual fund income for resident individuals has been set at 10%.however, if the annual income from mutual. How much is the standard deduction for 2025?
Standard deduction limit for family pensioners hiked to rs 25,000 from rs. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).