Amid the new Income Tax Bill 2025, we answer some FAQs on tax slabs, old vs new regime, the new income tax rules, exemption ...

While both the old and new regimes have ... eligible for in the old tax regime. The breakeven point is the amount at which there will be no difference in tax liability between the two tax regimes.

Times Now simplified here. Tax Slabs and Rates Comparison Between New Tax Regime Vs. Old Tax Regime One of the primary ...

income tax in the new tax regime is 0 whereas in the old regime tax would be ₹1.8 lakh. The key difference between the old and new tax regime is that the old regime allows taxpayers to claim tax ...

It remains at flat Rs 50,000 under the old tax regime. Choosing between the old and new tax regimes When deciding between the old and new tax regimes, assess both and choose the one suited best as ...

As Union Budget 2025 looms on the horizon, speculation is rife regarding the potential introduction of a new income ... The key difference between the two regimes is that the Old Tax Regime ...

New Delhi: In a major move to ease the tax burden on middle-class taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced fresh tax slabs under the New Tax regime in the Union Budget ...

Since the difference between the basic exemption limit under the old and new tax regime is Rs 1.50 lakh, which is the amount of deduction available under Section 80C, even for those who claim ...

But there are speculations that it is only a matter of time before the old tax regime becomes history. So, let us suppose that you chose the new tax ... is barely any difference between the ...

What's the difference between the old tax and new tax regime and which one could be more beneficial for you? Pranjal Kamra and Sonal Mehrotra Kapoor explain the key differences between the two tax ...

Here's a breakdown of the current tax bands under the new and old tax systems to help you understand what they mean. This regime is the current one. However, taxpayers must waive the HRA ...

There are two types of income tax slabs - one under new tax regime and other under old tax regime. What is the difference between gross income and taxable income? Gross income includes all your ...