Budget 2025: Tax deductions, exemptions under New Tax Regime and Old Tax Regime for FY2025-26
In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...
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 Tax Regime: Should you still invest in tax-savings instruments such as PPF, NSC, ELSS, SCSS?
With no tax for income under ₹12 lakh, you have a higher incentive to opt for the new tax regime. This means your incentive ...
New vs old income tax regime after Budget 2025: Post income tax slab changes, which tax regime is better for salaried middle class taxpayers?
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
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New Tax Regime Turns More Attractive
The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions ...
New income tax slabs, rates in new tax regime for FY2025-26: How much tax is saved at different income levels
Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.
Goodbye old tax regime; new regime now more attractive
Zero tax up to ₹12 lakh as well as the attractive new tax slabs are only applicable to the new tax regime, but at the same ...
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How to pay Zero Tax on a Salary above 12 Lakh under the New Tax Regime?
Pay zero tax on a salary above ₹12 lakh under the new tax regime with deductions like NPS contributions. A brief look into ...
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Still Calculating Your Tax Under New Slabs? Three Questions About New Tax Regime Answered
The relief applies only to those who have opted for the new tax regime, it has sparked numerous questions about its real benefits. Here's a layman's explanation to help understand the changes.
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Tax Relief and Reforms Promote New Regime Adoption
Finance Minister announced significant tax cuts, raising the exemption limit to Rs 12 lakh, prompting many taxpayers to adopt ...
Budget 2025: FM Sitharaman makes new income tax regime more attractive for salaried taxpayers
With the proposed changes, NPTR will now become far more appealing for individuals as it would mean availing beneficial tax ...
Selecting the beneficial tax regime: Without HRA, old regime makes little sense; new regime scores across income slabs
The new, simplified tax regime is now a clear winner in the case of most tax slabs, show Deloitte calculations. In case of ...