Mint5d
New Tax Regime: Should you opt for it over old tax regime? All about income tax slabs, exemptions and more
In 2020, the Government of India introduced a new tax regime that offered concessional tax rates while scrapping most of the deductions and exemptions offered under the old tax regime. Most small ...
Indiatimes8d
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 income tax relief for the middle class in the Union Budget 2025, eliminating ...
Mint10d
Goodbye old tax regime; new regime now more attractive
The budget’s biggest, shiniest takeaway: no tax on income up to ₹12 lakh. Union finance minister Nirmala Sitharaman’s announcement was met with much cheer and enthusiastic number-crunching ...
The Financial Express10d
New Tax Regime vs Old Tax Regime slabs and rates: Which one should salaried taxpayers choose?
New Tax Regime vs Old Tax Regime Slabs and Rates: Finance Minister Nirmala Sitharaman has announced significant income tax relief for the middle class in the Union Budget 2025. Budget 2025 New Tax ...
The Financial Express4d
Under new tax regime? Rethink! Old tax regime still holds value for you
Budget 2025 has brought significant changes to India’s tax structure, making the new tax regime more appealing to middle-class taxpayers. Budget 2025 has brought significant changes to India’s ...
India.com10d
Income Tax Slabs and Rates: New Regime Vs Old Regime
However, choosing between the old regime and the new tax regime is dependent on the person and his/her financial profile. Notably, the The New Tax Regime is beneficial for people who likes ...
Indiatimes11d
Budget 2025 new vs old income tax regime: Will FM Sitharaman do away with the old regime soon? Experts weigh in
salaried taxpayers have been wondering whether the old income tax regime will eventually be phased out. The new income tax regime was introduced as an optional tax regime FY 2020-21 onwards.
Hindustan Times9d
Old vs new tax regime: Which is better for you? A comparison after Union Budget 2025
Budget 2025 offers ₹60,000 rebate for incomes up to ₹12 lakh under new tax regime. (Representational image)(REUTERS) This makes the old tax regime, which has 5 per cent, 20 per cent ...
NDTV10d
Can You Still Opt For Old Tax Regime? And Will You Gain Or Lose Out
She also said the new income tax law will have to go through the Parliament. Follow Union Budget 2025-26 LIVE UPDATES here What Is The Old Tax Regime? The old tax regime primarily is for taxpayers ...
Business Today10d
Budget 2025: Is the old tax regime on its way out as Sitharaman pushes new tax law?
As Finance Minister Nirmala Sitharaman presented the Union Budget 2025, speculation resurfaced about the potential phase-out of the old tax regime. Presenting the Budget, Sitharaman today said ...
NDTV21d
New Regime Or Old Regime - Which Income Tax Slab Works Best For You?
The new tax regime offers lower tax rates without any deductions. On the other hand, the old tax regime provides several deductions under various Sections of the Income Tax Act, 1961, though the ...
rediff.com8d
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," says Kumar. "This shows the government's intent to make the new tax ...