The 34th Filmfare Awards were held in 1988, after a 2-year gap.

Tezaab led the ceremony with 12 nominations, followed by Qayamat Se Qayamat Tak with 11 nominations and Khoon Bhari Maang with 7 nominations.

Qayamat Se Qayamat Tak won 8 awards, including Best Film, Best Director (for Mansoor Khan), Best Male Debut (for Aamir Khan) and Best Female Debut (for Juhi Chawla), thus becoming the most-awarded film at the ceremony and catapulted Khan and Chawla to superstardom overnight.

Tezaab was the runner-up of the ceremony with 4 awards, including Best Actor (for Anil Kapoor), also catapulted Kapoor and Madhuri Dixit to superstardom overnight. The now-iconic song "Ek Do Teen" made Dixit a dance icon and the song itself fetched 2 awards – Best Female Playback Singer (for Alka Yagnik) and Best Choreography (for Saroj Khan).

Main awards

Best Film

Qayamat Se Qayamat Tak

• Khoon Bhari Maang
• Tezaab

Best Director

Mansoor Khan – Qayamat Se Qayamat Tak

• N. Chandra – Tezaab
• Rakesh Roshan – Khoon Bhari Maang

Best Actor

Anil Kapoor – Tezaab

• Aamir Khan – Qayamat Se Qayamat Tak
• Amitabh Bachchan – Shahenshah

Best Actress

Rekha – Khoon Bhari Maang

• Juhi Chawla – Qayamat Se Qayamat Tak
• Madhuri Dixit – Tezaab

Best Supporting Actor

Anupam Kher – Vijay

• Chunky Pandey – Tezaab
• Nana Patekar – Andha Yudh

Best Supporting Actress

Sonu Walia – Khoon Bhari Maang

• Anuradha Patel – Ijaazat
• Pallavi Joshi – Andha Yudh

Best Debut

Aamir Khan – Qayamat Se Qayamat Tak

Lux New Face of the Year

Juhi Chawla – Qayamat Se Qayamat Tak

Best Story

Ijaazat – Subodh Ghosh

Best Screenplay

Qayamat Se Qayamat Tak – Nasir Hussain

Best Dialogue

Tezaab – Kamlesh Pandey

Best Music Director

Qayamat Se Qayamat Tak – Anand–Milind

• Khoon Bhari Maang – Rajesh Roshan
• Tezaab – Laxmikant–Pyarelal

Best Lyricist

Ijaazat – Gulzar for Mera Kuch Saamaan

• Qayamat Se Qayamat Tak – Majrooh Sultanpuri for Papa Kehte Hain
• Tezaab – Javed Akhtar for Ek Do Teen

Best Playback Singer, Male

Qayamat Se Qayamat Tak – Udit Narayan for Papa Kehte Hain

• Dayavan – Mohammad Aziz for Dil Tera Kisne Toda
• Tezaab – Amit Kumar for Ek Do Teen

Best Playback Singer, Female

Tezaab – Alka Yagnik for Ek Do Teen

• Khoon Bhari Maang – Sadhana Sargam for Main Teri Hoon Jaanam
• Tezaab – Anuradha Paudwal for Keh Do Ke Tum

Best Art Direction

Hatya – Liladhar S. Sawant ^[1]

Best Choreography

Tezaab – Saroj Khan for Ek Do Teen

Best Cinematography

Qayamat Se Qayamat Tak – Kiran Deohans ^[1]

Best Editing

Khoon Bhari Maang – Sanjay Varma^[1]

Best Sound

Hatya – J. P. Sehgal ^[1]

Critics' awards

Best Film

Om Dar Ba Dar

Most Wins

• Qayamat Se Qayamat Tak – 8/11
• Tezaab – 4/12
• Khoon Bhari Maang – 3/7
• Hatya – 2/2
• Ijaazat – 2/2
• Vijay – 1/1