Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of ...
While the old tax regime promotes savings through tax benefits, the new one is simpler, involves less paperwork and reduces ...
Do you follow the new tax regime or the old tax regime? Will you switch to the proposed new tax regime once it is implemented ...
Choose the Old Regime if you have significant tax-saving investments (PPF, EPF, LIC, etc.) and claim deductions like HRA, 80C, and 80D. Choose the New Regime if you do not have many deductions and ...
Key amendments introduced under the new tax regime for FY 2025-26 (AY 2026-27) 2. No Tax upto 12 lakh Enhanced Tax Rebate (Section 87A): The tax rebate under Section 87A has been enhanced and ...
The old tax regime offers over 70 deductions and exemptions, including HRA, LTA, Section 80C, 80D, home loan interest, and ...
Come April 1, 2025, changes in the income tax slabs will come into effect under the new tax regime. While it is up to ...
Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of deductions and exemptions. The new income tax regime will feature the ...