The old tax regime offers more deductions and exemptions compared to the new tax regime, making it a preferred choice for individuals who can take advantage of these benefits. Additionally, the Budget ...

The new tax regime also offers a higher standard deduction. Last year, it was raised from Rs 50,000 to Rs 75,000 for salaried ...

Higher Income Brackets: For people with annual incomes above Rs 24 lakh, both regimes apply the same top tax rate of 30%. But ...

The revisions introduced under the new tax regime is aimed to make the new regime easier, cut down on paperwork, and minimise ...

As the financial year 2025-26 begins, taxpayers must choose between the two income tax regimes when they file their income ...

Are you planning to shift from old to new tax regime during actual ITR filing this fiscal? keep the following things in mind.

Under the new income tax regime, taxpayers can now avail of a standard deduction of up to Rs 75,000, which makes an annual ...

Under the old tax regime, individuals and businesses could claim a variety of exemptions and deductions—such as house rent ...

Under the new tax regime, there is a small tax exemption of Rs 3,500 per financial year available on the interest earned from ...

Confused between the old and new tax regimes for FY 2024-25? Understand key differences like tax slabs, deductions and ...

The new 2025-26 income tax regime, offering up to ₹12 lakh of tax-free income per year, presents opportunities for growth.

Under the old tax regime, taxpayers can claim various deductions and exemptions, while the new tax regime does not offer much ...