While both the old and new regimes have ... eligible for in the old tax regime. The breakeven point is the amount at which there will be no difference in tax liability between the two tax regimes.

Times Now simplified here. Tax Slabs and Rates Comparison Between New Tax Regime Vs. Old Tax Regime One of the primary ...

income tax in the new tax regime is 0 whereas in the old regime tax would be ₹1.8 lakh. The key difference between the old and new tax regime is that the old regime allows taxpayers to claim tax ...

It remains at flat Rs 50,000 under the old tax regime. Choosing between the old and new tax regimes When deciding between the old and new tax regimes, assess both and choose the one suited best as ...

What's the difference between the old tax and new tax regime and which one could be more beneficial for you? Pranjal Kamra and Sonal Mehrotra Kapoor explain the key differences between the two tax ...

The old tax regime remains unchanged ... Budget 2025 at an electronics showroom in New Delhi, February 1, 2025. Photograph: Ritik Jain/ANI Photo Finance Minister Nirmala Sitharaman, who presented ...

With the difference in tax rates growing between the two tax regimes, there are now fewer people who would go for the old tax regime now. Although the new tax regime offers concessional tax rates ...

But a back-of-the-envelope calculation shows that Rs 15 lakh income, coupled with Rs 3.75 lakh deduction, is a break-even point What's the difference between the old tax and new tax regime and ...

12 lakhs for rebate under Section 87A under the new tax regime. For whom the old tax regime still works? Since the difference between basic exemption limit under old and new tax regime is Rs.

As Union Budget 2025 looms on the horizon, speculation is rife regarding the potential introduction of a new income ... The key difference between the two regimes is that the Old Tax Regime ...

Since the difference between the basic exemption limit under the old and new tax regime is Rs 1.50 lakh, which is the amount of deduction available under Section 80C, even for those who claim ...