Budget 2025: Are deductions like home loan, 80C, HRA, standard deduction available under New Tax Regime? 

The central government has been modifying the New Tax Regime in the last few Budgets by including certain deductions and considering relaxation. In Budget 2025, experts are advocating for the inclusion of HRA, enhancements to Section 80C tax deductions, and a standard deduction of Rs 1 lakh. 

Budget 2025: FM Nirmala Sitharaman is gearing up to present the Union Budget 2025 on February 1, 2025, six months after unveiling the full budget of the Modi 3.0 regime. Taxpayers are eagerly awaiting potential reductions in tax rates and higher exemption limits in the face of high inflation and changing consumption trends.