New tax regime vs old tax regime post Budget 2025: These income earners may still benefit from old tax regime
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
New Tax Regime: Should you opt for it over old tax regime? All about income tax slabs, exemptions and more
Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
Income Tax: 4 key reasons for which you should still opt for the old tax regime
The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...
Tax Guru8d
Budget 2025: Key Highlights of Income Tax Proposals
The Budget 2025 introduces significant reforms in personal income tax, aimed at providing relief to middle-class taxpayers ...
New tax regime has no deductions but works for some people: Analysts
New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...
New income tax slabs for FY 2025-26: 30% tax now starts at Rs 24 lakh, income up to Rs 20 lakh to be taxed at 20% in Budget 2025
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
Hindustan Times11d
Income tax: 90% or more taxpayers may shift to new regime, says CBDT chief on Budget
He also cited the new tax regime (NTR), where there are no deductions or exemptions allowed like the old regime, which has ...
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 new tax regime.
rediff.com11d
More than 90% taxpayers may switch to new regime: CBDT chief
The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the new ...
90 per cent taxpayers likely to shift to new regime after Budget tax relief, says CBDT chief
Ravi Agrawal says simplified tax slabs and zero tax on income up to ₹12 lakh will push more taxpayers to adopt the new regime ...
New tax slabs announced in Budget may lead 90% or more taxpayers to shift to new regime: CBDT Chairman
CBDT chief discusses non-intrusive tax administration, simplified ITRs, and AI usage post-Budget for enhanced compliance and ...
ThePrint11d
90% or more taxpayers may shift to new regime with new slabs announced in Budget: CBDT Chairman
The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the new ...