Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
Explore the differences between the old and new tax regimes in India. Learn about the key features, benefits, and which ...
With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax ...
The new tax regime has been made as a default one, and the taxpayers will have to select the old tax regime if they wish to use it ... employed individuals may opt for the new tax regime based ...
Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax saving for ...
The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...
What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...
While the old tax regime, with its deductions and exemptions, has been a longstanding feature, the government's push for the ...
The new tax regime has made traditional tax-saving investments like PPF and NSC less appealing, encouraging diversification ...
One common dilemma they face is whether to continue with the Old Tax Regime or switch to the New Tax Regime. In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new ...
FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...
Opt for the old regime if you have substantial tax-saving investments (PPF, EPF, ELSS, NPS, home loan, insurance premiums) and can claim HRA benefits. Opt for the new regime if you do not have ...