The new, simplified tax regime is now a clear winner in the case of most tax slabs, show Deloitte calculations. In case of ...

The new tax regime, introduced under Section 115BAC of the Income Tax Act, 1961, was designed to make taxes simpler by ...

In that case, it is advisable to stay in the old regime. On the other hand, if the breakeven threshold is higher, moving to the new tax regime is more beneficial for you. How to Opt for Old Tax ...

Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...

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 ...

Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...

For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower tax rates and a higher exemption limit. However, those who claim multiple ...

Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...

The new tax regime has indeed become more appealing over the years, but many taxpayers still find that their tax outgo is lower under the old tax regime for the financial year 2024-25. On July 23 ...

With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax ...

Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home ...