Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...
Income tax calculator FY 2025-26 The new tax regime is better than the old tax regime for income up to Rs 12 lakh ...
Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...
Here’s a table showing a comparison of old vs new regime with the income level and deductions. If you have deductions more ...
With no income tax burden for income levels up to Rs 12.75 lakh, a large section of salaried taxpayers stands to benefit.
Which is better, the old or the new tax regime? Choosing between two tax regimes may vary from person to person. It is advisable to do a comparative analysis and evaluation under both regimes and ...
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
As the Finance Minister presented the Union Budget 2025, taxpayers are left pondering: Old Tax Regime or New Tax Regime? Which one should one opt for? With changes to income tax slabs for FY26.
For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...
Old tax regime to continue along with new one, tax tabulation for FY25 to be done under existing Act
New Income Tax Bill retains provisions from 1961 Act, offers flexibility, transparency, and aims to simplify tax laws.
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 ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
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