The Old Tax Regime requires tax planning, as taxpayers must invest in specific financial products to claim deductions. In contrast, the New Tax Regime is simpler, as it does not require tracking ...

No other deduction is allowed under the new tax regime. Current income tax slabs under the old tax regime Budget 2025 has not announced any change in the income tax slabs under the old tax regime.

Salaried taxpayers with non-business income can switch between tax regimes yearly. Those with business income who opt out of ...

No more running after proofs, no more figuring out which investment saves the most tax. Just take your total income, slap on the tax rate, and boom—you’re done. No last-minute scrambling, no endless ...

"Choosing Old or New Tax Regimes can be confusing, but income tax calculator can help you make a right decision by comparing ...

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 ...

Once enacted, the proposed bill will replace the six-decade-old Income ... There will be no tax burden on up to Rs 12 lakh annual income, except special income. The revised slabs will benefit ...

The Union Budget 2025 has once again brought the debate between the old and new tax regimes into focus. While the government continues to promote the new tax regime with simplified tax slabs and ...

There are two types of income tax slabs - one under new tax regime and other under old tax regime. What is the difference between gross income and taxable income? Gross income includes all your ...

Stock market income taxation depends on whether one is an investor or trader. Traders' income is taxed at slab rates as ...

Once the slabs come into effect, income up to Rs 12 lakh for non ... Rs 21 lakh, and Rs 28 lakh in old and new tax regime Proposed New Tax Regime Calculations: Is your salary Rs 12,78,000? Will you be ...