An employee may choose between old and new tax regimes at the ... The decision to remain in the old tax regime or to switch to the new one shall be based on the tax savings deductions and ...
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 ...
With no income tax burden for income levels up to Rs 12.75 lakh, a large section of salaried taxpayers stands to benefit.
If you are still confused about which tax regime to choose after Budget 2025 proposals, here is how to choose between the old ...
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...
Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...
As the Finance Minister presented the Union Budget 2025, taxpayers are left pondering: Old Tax Regime or New Tax Regime? Which one should one opt for? With changes to income tax slabs for FY26.
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 ...
With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax ...
Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...
Switching between the Old Regime and the New Regime is possible for individuals, allowing their annual tax regime to ...