No more running after proofs, no more figuring out which investment saves the most tax. Just take your total income, slap on the tax rate, and boom—you’re done. No last-minute scrambling, no endless ...
The Old Tax Regime requires tax planning, as taxpayers must invest in specific financial products to claim deductions. In contrast, the New Tax Regime is simpler, as it does not require tracking ...
"Improved rebates, modified tax structures and ... of years to encourage taxpayers to transition from the old to the new tax regime," he said. "The rates under the new tax regime are lucrative ...
While the old tax regime offers numerous benefits, the new tax regime introduced simplifies ... are exempt from paying income tax via a mix of rebates and revised tax slabs. This makes the regime ...
The removal of deductions means investors must focus on real returns and financial goals rather than just tax savings, say ...
Please tell me should I opt for Old Tax Regime or New Tax Regime ... of Rs 12 lakh exemption on non CG income be available? No. Rebate of 87A (up to Rs 60,000 of tax amount) is available only ...
Budget 2025 prioritised three key areas: reviving consumption amid a notable slowdown, keeping inflation in check through a ...
In certain scenarios, the old tax regime may still offer a comparative advantage over the new regime. (Image: Financial Express) The proposals introduced by Finance Minister Nirmala Sitharaman in ...
The new tax regime in India offers higher take-home salaries and lower average tax rates compared to the old regime for ...
Ahmedabad: Tax experts have questioned the logic of retaining the old tax regime in the new Income Tax Bill introduced ...
New Income Tax Bill 2025: We cover everything from tax slabs and the old vs. new regime to the latest rules and exemption limits.