It is important to note that your taxable income includes income from various sources, such as salary ... tax is payable in the old tax regime as compared to the new tax regime. Here is an example ...

Mumbai: With the start of the new financial year 2025-26, salaried individuals are once again facing the common dilemma — which tax regime to choose: old or ... in higher salary brackets who ...

Note:The slabs and rates of tax in the 'Proposed New Tax Regime Slab Rate' column apply ... To calculate income tax as per the old income tax slab, you need to follow a few steps.

The decision can have a significant impact on your take-home salary and ... The old tax regime features a basic exemption limit of Rs 2,50,000, with the highest tax slab at 30% for income above ...