Here’s a table showing a comparison of old vs new regime with the income level and deductions. If you have deductions more ...
The new, simplified tax regime is now a clear winner in the case of most tax slabs, show Deloitte calculations. In case of ...
In that case, it is advisable to stay in the old regime. On the other hand, if the breakeven threshold is higher, moving to the new tax regime is more beneficial for you. How To Opt for Old Tax ...
The new tax regime, introduced under Section 115BAC of the Income Tax Act, 1961, was designed to make taxes simpler by ...
Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...
For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...
Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...
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India Today on MSNCan 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 ...
In case you are a non-resident individual or even a resident HUF, AOP or BOI you are not entitled to rebate under Section 87A ...
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India Today on MSNZero tax up to Rs 12.75 lakh in new regime. Is old regime still useful?With a higher tax-free threshold and lower rates, the new tax regime looks more appealing but does the old regime still hold any advantages?
The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...
The big question remains—should taxpayers still consider the Old Tax Regime? Previously, individuals claiming substantial ...
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