Switching between the Old Regime and the New Regime is possible for individuals, allowing their annual tax regime to alternate between the previous and new regimes if certain conditions are met.

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

An employee may choose between old and new tax regimes ... and at the time of filing the income tax returns (ITR), they realize the old tax regime is more beneficial to them.

The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...

Taxpayers should note the revised tax slabs and rates announced in Budget 2025-26 will only be applicable for the Financial ...

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

What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result in tax savings? This article explores the key deductions available under ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

If you file your ITR under New Tax Regime, there will not be any tax payable, as it will be covered under Tax Rebate (u/s 87-A) You can ask rediffGURU T S Khurana your questions HERE. Disclaimer ...

Income Tax Calculator: During Budget 2025, Union Finance Minister Nirmala Sitharaman announced new tax rates, offering relief to the salaried taxpayers. With a higher tax rebate of upto ₹ 60,000 ...