The new tax regime under Section 115BAC of the Income Tax Act offers lower tax rates in exchange for giving up most ...

Here's everything you need to know about which deductions are claimable under the new tax regime 2025-26 and the benefits ...

Here we give a lowdown on the exemptions that are given under the old tax regime followed by those given under the new tax regime. I. House Rent Allowance: This is the tax exemption that you can ...

The old tax regime had a higher tax rate but provided exemptions. Under the old tax regime, individuals can save income tax via various deductions and tax exemptions, Sections 80C, 80D ...

List of Deductions or Exemptions Under Old Tax Regime The simplified new tax rate regime requires specified tax deductions and exemptions to be forgone. Therefore, it is important to evaluate the ...

While the new tax regime trims down the deductions and exemptions available to taxpayers, it still offers several strategic benefits that can lighten the load for individual taxpayers. Here’s a ...

However, before making the final decision, you also need to be aware of the exemptions that you will be entitled to even under the new tax regime. Here are six such tax exemptions under the new ...

The Indian government introduced a new tax regime in 2020, offering lower tax rates while removing several exemptions and deductions available under the old system. Initially optional, this regime ...

while the Old Regime continues to provide tax benefits through various exemptions and deductions. The proposed income tax slabs in the Union Budget 2025 for the New Tax Regime include a rebate of ...

Since I have opted for the new tax regime, kindly clarify. Can I claim the exemption of ₹1.25 lakh for LTCG on shares and mutual fFunds? Exemption of ₹1.25 lakh for LTCG (under Section 112A ...