Selecting the beneficial tax regime: Without HRA, old regime makes little sense; new regime scores across income slabs
The new, simplified tax regime is now a clear winner in the case of most tax slabs, show Deloitte calculations. In case of ...
Indiatimes8d
Old vs new vs newer: When a regime change makes sense
The new tax regime offers significant benefits for income up to Rs 12 lakh (Rs 12.75 lakh for salaried), surpassing the old regime's appeal despite deductions. Choosing the old regime makes sense ...
New vs old tax regime: Which income tax regime to choose, what should save your money? Read this to clear all your income tax confusions
If you are still confused about which tax regime to choose after Budget 2025 proposals, here is how to choose between the old ...
Budget 2025: Old Tax regime is given a silent and slow burial
In case you are a non-resident individual or even a resident HUF, AOP or BOI you are not entitled to rebate under Section 87A ...
Mint5d
Income Tax: 4 key reasons for which you should still opt for the old tax regime
In such cases, it makes more sense to file returns under the old tax regime. 3. When you fall in high tax bracket When your annual income is far more than ₹24 lakh, and you fall under the 30 ...
The Financial Express2d
Under new tax regime? Rethink! Old tax regime still holds value for you
As the gap between the tax rates in the old and new regimes widens, fewer individuals may find the old tax structure attractive. However, there are still specific cases where the old tax regime ...
Business Today8d
Budget 2025: ₹12 lakh tax-free, lower rates for high earners. Does Old Tax regime still make sense for you?
the latest changes could mark the final push toward phasing out the Old Tax Regime (OTR). But should you make the switch? In the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced ...
Business Insider India1y
Taxability of employee benefits may decide which tax regime makes more sense for you
Understanding the different employee benefits and their taxability can help employees make an informed decision between choosing the old or new tax regime ... With a clear intention of ...
New income tax law likely to be far simpler sans complexities, says Dipesh Jain of Economic Laws Practice
He speaks about the new tax regime, complex provisions that exist in the law and his expectations from the new Income Tax Law ...
Indiatimes7d
New vs old income tax regime after Budget 2025: Post income tax slab changes, which tax regime is better for salaried middle class taxpayers?
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the middle class in the Union Budget 2025, eliminating ...
Hindustan Times7d
Old vs new tax regime: Which is better for you? A comparison after Union Budget 2025
Budget 2025 offers ₹60,000 rebate for incomes up to ₹12 lakh under new tax regime. (Representational image)(REUTERS) This makes the old tax regime, which has 5 per cent, 20 per cent ...