New Tax Regime Vs Old Tax Regime -- Is Old Regime Still Beneficial For Those Earning Above Rs 12.75 Lakh Yearly? Expert Explains
Here’s a table showing a comparison of old vs new regime with the income level and deductions. If you have deductions more ...
Are you required to choose the New Tax Regime once more in the 2025 Income-Tax Bill? What's the scope for Old Tax Regime
Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...
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Old Vs. New Tax Regime: Which One Should You Choose?
The Union Budget 2025-26 has kept the tax slab rates unchanged for salaried individuals below 60 years old. The existing tax slab rates are as follows: nil for individuals earning up to INR 2.5 ...
The Economic Times on MSN7d
Equilisation point for tax-savings under old and new tax regime
In the above table, say you earn a salary income of Rs 15 lakh in a year. So if you can claim Rs 5,93,750 as income tax ...
Revised Income Tax Slabs, Old Regime vs New Regime? Top Questions Answered
The highlight of Finance Minister Nirmala Sitharaman's eighth consecutive Budget is the relief to middle-class taxpayers from the salaried class. But the Budget speech, which also announced revised ...
What’s new in the Income Tax Bill, 2025
The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...
Revised Income Tax Slabs: Key Differences Between Old and New Regimes Explained After Budget 2025
Nirmala Sitharaman's eighth consecutive Budget is the relief for middle-class salaried taxpayers, though the revised tax ...
Business Today12d
Union Budget 2025: Dear Old Tax regime – is it time to say goodbye?
The below table analyses tax implications for a salaried individual under Old and New Tax Regime. *Tax under Old Tax regime has been computed considering standard deduction of Rs 50,000 ...
Income Tax Slab For [FY 2025-26]
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
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Budget 2025: How much you save under the new income tax regime now | All calculations here
Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...
New Income Tax Bill 2025 LIVE Updates: FM Nirmala Sitharaman introduced new I-T Bill in Lok Sabha
New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...