Are you required to choose the New Tax Regime once more in the 2025 Income-Tax Bill? What's the scope for Old Tax Regime
Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...
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Income Tax Calculator FY 2024-25
Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...
New Tax Regime Vs Old Tax Regime -- Is Old Regime Still Beneficial For Those Earning Above Rs 12.75 Lakh Yearly? Expert Explains
Here’s a table showing a comparison of old vs new regime with the income level and deductions. If you have deductions more ...