Standard deduction on salary increased to 75k (only new tax regime)

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Standard deduction for employees increased to 75k STCG increased to 20% LTCG increased to 12.5% 🥹🥹🥹

• No changes in old regime.
• No tax reliefs.
• No changes in 80C
• Increased STCG and LTCG for stock and MF investments.

They increased the standard deduction in new regime from 50k to 75k and called it as "a tax relief to middle class"

What does "Tax deducted at source" mean? Cuz my company is deducting 200/- as professional tax already along with provident fund. Does anyone know or it's a fancy term for "pay us more tax"?