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 ...
Can You Still Opt For Old Tax Regime? And Will You Gain Or Lose Out
With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax ...
India Today on MSN8d
Old vs New tax regime: Which one should you choose for income above Rs 12.75 lakh?
What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...
Tax Guru12d
New Income Tax Slabs for 2025: Old vs New Regime – Key Questions Answered
The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...
The Financial Express14d
Will Budget 2025 bid farewell to the Old Tax Regime?
While the old tax regime, with its deductions and exemptions, has been a longstanding feature, the government's push for the ...
The Financial Express9d
Tax Calculator: Annual salary Rs 15 lakh? Opt for Old Tax Regime and save Rs 48,000 more with these deductions!
Opt for the old regime if you have substantial tax-saving investments (PPF, EPF, ELSS, NPS, home loan, insurance premiums) and can claim HRA benefits. Opt for the new regime if you do not have ...
There is no plan to phase out old tax regime: CBDT Chairman Ravi Agrawal
Agrawal discussed a range of topics, including framing of tax proposals, and why he feels most taxpayers would opt for the ...
Business Today5d
CBDT tax calculator: If your annual salary is Rs 15 lakh, which tax regime should you opt for - new tax or old tax?
One common dilemma they face is whether to continue with the Old Tax Regime or switch to the New Tax Regime. In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new ...
Indiatimes11d
New vs old income tax regime after Budget 2025: Post income tax slab changes, which tax regime is better for salaried middle class taxpayers?
Taxpayers must compare deductions under the old regime versus the new lower rates to determine the most beneficial option ... that you want to claim in a year under the old income tax regime.