Tax Guru11d
New Tax Regime vs. Old Tax Regime: Which is Best in FY 2025-26?
Notably, with the amendment to section 115BAC of the Income Tax Act as effective from F.Y. 2023-2024 [A.Y. 2024-2025], the new tax regime is made as a default tax regime for persons other than ...
Mint26d
New Income Tax Bill 2025: All FAQs on tax slabs, old vs new regime, and more answered
Amid the new Income Tax Bill 2025, we answer several FAQs on tax slabs, the old vs. new regime, the new income tax rules, exemption limits, and more. The new Income-Tax (I-T) Bill, announced by ...
Business Today24d
Are you required to choose the New Tax Regime once more in the 2025 Income-Tax Bill? What's the scope for Old Tax Regime
Tax slabs in the new tax regime are provided in tabular format. However, it does not provide a table for the tax rates for the old tax regime. Are you required to choose the New Tax Regime once ...
Business Insider India5y
If you earn ₹15 lakh, you save ₹15,600 with the new tax regime but you can’t claim tax benefits worth ₹73,000
The new tax slabs with lower tax rates will leave more money on the table to invest ... it might make more sense for you to stick to the old tax slabs. However, if you earn more than that ...