With Budget 2025 making income up to Rs 12 lakh tax-free under the new regime, salaried taxpayers are weighing the benefits of switching from the old regime. In this explainer, tax expert Gaurav ...

After the 2025 budget announced no income tax for people with income up to Rs 12 lakh it has become an easy decision for people with income up to 12 lakh. But the decision between old and new tax ...

This new tax slabs under the New Tax Regime ... for your income bracket (refer to the last column of the table), then the old tax regime is the better choice. In cases of minimal deductions ...

Salary income: The standard deduction of INR 75,000 will continue for new regime taxpayers, compared to INR 50,000 under the old tax regime. The new tax regime provides a total rebate of INR ...

This can be done by eliminating the deductible allowances, such as House Rent Allowance (HRA), Leave Travel Allowance (LTA) ...

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 ...

Updated table of LTCG and STCG capital gains tax rate for equities including income from foreign currency bonds released by Income Tax Department ...