Old and new tax regimes: How to choose the best option for saving money
Salaried individuals have two options when filing their Income Tax Return (ITR): the old or the new tax regime. Each has its ...
Tax Guru10d
New Tax Slabs FY 2025-26: Revised Tax Rates & Key Changes
Key amendments introduced under the new tax regime for FY 2025-26 (AY 2026-27) 2. No Tax upto 12 lakh Enhanced Tax Rebate (Section 87A): The tax rebate under Section 87A has been enhanced and ...
Old tax regime vs new tax regime with revised slabs: What to choose in 2025-26?
Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of ...
Taxes in FY2025-26: With new tax slabs, 30% tax will start at Rs 24 lakh, Rs 20 lakh net salary will be taxed at 20%
In Budget 2025, the threshold for lower tax rates has been increased to Rs 4 lakh (previously Rs 3 lakh), allowing ...
The Week3d
The new Income Tax Bill makes things simple, but there are concerns
THE PRIMARY INTENTION of the new Income Tax Bill, introduced by Finance Minister Nirmala Sitharaman in February, is to ...
Income Tax Calculations: Is your annual income Rs 12,95,000? Will you be taxed on Rs 20,000, or Rs 12,95,000?
Proposed new tax regime will be implemented from April 1, 2025, where income up to Rs 12,75,000 is tax-free for ...
Old Tax Regime vs New Tax Regime: What is the breakeven point that can help taxpayers which regime to choose?
The Union Budget FY26 introduced significant tax benefits for the middle class. Finance Minister Nirmala Sitharaman announced ...
India Today on MSN3d
Old vs new tax regime: Which one should you opt for in 2025-26?
While the old tax regime promotes savings through tax benefits, the new one is simpler, involves less paperwork and reduces ...
New vs Old Tax Regime Calculations: What will be your tax liability on salary of Rs 7.50 lakh, Rs 15 lakh, Rs 22.5 lakh or Rs 30 lakh?
Do you follow the new tax regime or the old tax regime? Will you switch to the proposed new tax regime once it is implemented ...
India Today on MSN4d
Old vs new income tax regime: What to choose if you earn Rs 50 lakh per year
Taxpayers should consider a few key factors before making a choice. The old regime allows deductionswhereas the new regime ...
Hindustan Times4d
Old tax regime vs new tax regime with revised slabs: What to choose in 2025-26?
Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of deductions and exemptions. The new income tax regime will feature the ...