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 ...
Forbes6d
Old Vs. New Tax Regime: Which One Should You Choose?
Salary income: The standard deduction of INR 75,000 will continue for new regime taxpayers, compared to INR 50,000 under the old tax regime. The new tax regime provides a total rebate of INR ...
Mint12d
Goodbye old tax regime; new regime now more attractive
The budget’s biggest, shiniest takeaway: no tax on income up to ₹12 lakh. Union finance minister Nirmala Sitharaman’s announcement was met with much cheer and enthusiastic number-crunching ...
Mint7d
New Tax Regime: Should you opt for it over old tax regime? All about income tax slabs, exemptions and more
In 2020, the Government of India introduced a new tax regime that offered concessional tax rates while scrapping most of the deductions and exemptions offered under the old tax regime. Most small ...
The Financial Express8d
New Tax Regime vs Old Tax Regime: Which offers better deductions and exemptions?
New vs Old Tax Regime: In a major relief for taxpayers, the Union Budget 2025 has revamped the new tax regime, exempting individuals earning up to Rs 12 lakh annually from income tax. In a major ...
The Financial Express6d
Under new tax regime? Rethink! Old tax regime still holds value for you
Budget 2025 has brought significant changes to India’s tax structure, making the new tax regime more appealing to middle-class taxpayers. Budget 2025 has brought significant changes to India’s ...
Indiatimes10d
New vs old income tax regime after Budget 2025: Post income tax slab changes, which tax regime is better for salaried middle class taxpayers?
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the middle class in the Union Budget 2025, eliminating ...
Indiatimes3d
New vs old income tax regime after Budget 2025: 8 salary perks to save around Rs 1.35 lakh income tax under old regime
New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new regimen's appeal ...
India.com12d
Income Tax Slabs and Rates: New Regime Vs Old Regime
However, choosing between the old regime and the new tax regime is dependent on the person and his/her financial profile. Notably, the The New Tax Regime is beneficial for people who likes ...
Hindustan Times11d
Old vs new tax regime: Which is better for you? A comparison after Union Budget 2025
Budget 2025 offers ₹60,000 rebate for incomes up to ₹12 lakh under new tax regime. (Representational image)(REUTERS) This makes the old tax regime, which has 5 per cent, 20 per cent ...
NDTV12d
Revised Income Tax Slabs, Old Regime vs New Regime? Top Questions Answered
What Are The New Tax Slabs? The tax slabs under the new regime have been revised in Budget 2025. A salaried individual will pay zero tax for annual income up to Rs 4 lakh. In the Rs 4 lakh - to Rs ...
India Today on MSN1d
Can a married couple save more taxes using both old and new tax regime?
Married couples need to determine which tax regime offers lower tax liability for each spouse considering their income ...