Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
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India Today on MSNOld vs New tax regime: Which one should you choose for income above Rs 12.75 lakh?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 ...
Opt for the old regime if you have substantial tax-saving investments (PPF, EPF, ELSS, NPS, home loan, insurance premiums) and can claim HRA benefits. Opt for the new regime if you do not have ...
One common dilemma they face is whether to continue with the Old Tax Regime or switch to the New Tax Regime. In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new ...
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Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...
The new tax regime has been made as a default one, and the taxpayers will have to select the old tax regime if they wish to use it ... employed individuals may opt for the new tax regime based ...
The Union Budget 2025 has brought significant changes to India’s personal income tax structure, raising the question: “Should you opt for the old tax regime versus the new tax regime?” Whether you ...
As of April 1, 2023, the new tax regime has become the default option, requiring individuals to consciously choose the old tax regime if they wish to avail of tax exemptions and deductions under ...
Live: FM Nirmala Sitharaman announced to introduce New Income tax bill next week, no income tax till 12L under new tax regime ...
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