Indian taxpayers have the option to switch between the new and old income tax regimes annually, following the changes ...

In the fiscal year 2025-26, starting from April 1, 2025, the New Tax Regime will see new income tax slabs, including a tax ...

With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...

Before filing Income Tax Return (ITR) in FY 2024-25 under the old income tax regime you need to complete all necessary steps ...

1. The applicability of the Rebate under section 87A on Short-Term Capital Gain under the New Regime is a highly debatable ...

The upcoming tax ... Old Regime may be more advantageous for you: Annual CTC of 20 LPA: More than Rs 7.58 Lakhs in deductions Annual CTC of 13 LPA: More than Rs 5.44 Lakhs in deductions Annual CTC ...

Old Tax Regime Vs. New – Which Saves You More? Your ability to switch between the two depends on your source of income. While ...

Though the new income tax ... use the old regime may consider switching to the new one since the Union Budget 2025 has substantially brought down the slab rates for incomes up to ₹24 lakh.( ...

There are two types of income tax slabs - one under new tax regime and other under old tax regime. What is the difference between gross income and taxable income? Gross income includes all your ...

Old tax regime: The financial year 2024-25 is nearing its end, and taxpayers under the old tax regime have only a few weeks left to make eligible investments to claim deductions. To avail of ...

The data reveals a clear trend: the new regime typically offers a higher take-home pay. The comparison between the new and old regimes for different salary levels shows variations in tax liability ...