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 midd
New Income Tax Bill 2025: All FAQs on tax slabs, old vs new regime, and more answered
Amid the new Income Tax Bill 2025, we answer most FAQs on tax slabs, old vs. new regime, the new income tax rules, exemption limits and more.
New Tax Regime vs Old Tax Regime slabs and rates: Which one should salaried taxpayers choose?
With no income tax burden for income levels up to Rs 12.75 lakh, a large section of salaried taxpayers stands to benefit.
Income Tax Slabs and Rates: New Regime Vs Old Regime
Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025. A comparison between the new and old tax regimes will help determine which one benefits you the most.
New Income Tax Slabs for 2025: Old vs New Regime – Key Questions Answered
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 premiums and retirement savings), and interest on home loans.
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 no-tax limit from ₹7 lakh to ₹12 lakh and introduced revised tax slabs.
India to present new bill in Parliament to replace decades-old income tax law
India will introduce a new condensed version of its income tax law in the lower house of the Parliament on Thursday, which aims to simplify the six decades old rules that have led to a slew of litigations.
When is new Income Tax Bill likely to come into effect?
Once the new income tax bill is passed by Parliament, many taxpayers and common citizens will wonder when it will come into effect. Will the government provide ample time for taxpayers, tax experts and other stakeholders to understand the new law and its impact on them?
The Financial Express9d
New Tax Regime vs Old Tax Regime: Which offers better deductions and exemptions?
For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...
Old vs new tax regime: Which is better for you? A comparison after Union Budget 2025
Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...
Forbes7d
Old Vs. New Tax Regime: Which One Should You Choose?
consider tax savings deductions and exemptions available under the old tax regime. Which is better, the old or the new tax regime? Choosing between two tax regimes may vary from ...
Budget 2025: Which tax regime is better for deductions, exemptions
Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...
ABP Live on MSN8d
Old Tax Regime Vs New Tax Regime: Which One Offers Better Deductions?
Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...