Income Tax Calculator 2024-25: It’s the start of the financial year and if you are confused between the new and the old income tax regime, then we have you covered. While the old tax regime ...

Income Tax Calculator: There are a range of income tax exemptions which are available only in the old tax regime such as those given under 80C, 80D, CCD(1B) and 80D and 80G.

Although the new tax regime does not offer most exemptions and deductions given under section 80C, 80 D, 80 G and 80CCD (1), among others, what it offers instead is the lower slab rates. For ...

Income tax calculator FY 2025-26. The new tax regime is better than the old tax regime for income up to Rs 12 lakh (Rs 12.75 lakh for salaried people), ...

Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.

While you decide on what regime to choose, remember that there is no tax on income upto Rs 7lakh and less under the new regime. In addition, now a standard deduction of Rs 50,000 is also available ...

New Regime Income Tax Calculator 2023-2024 (AY 2024-2025): Calculate your tax liability with New Regime Tax Calculator, know how much tax you will have to pay for Rs 7, 9, 10, 12 or 15 lakh annual ...

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up to Rs 4 lakh from basic tax. The old tax regime was kept unchanged.

Old Vs New Tax Regime: For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, provided they maximise deductions like HRA, 80C, 80D ...

While there are limited exemptions available under the new tax regime, taxpayers with a gross income exceeding Rs 24.75 lakhs will find the new tax regime beneficial if their total deductions and ...

The Union Budget 2025-26 has kept the tax slab rates unchanged for salaried individuals below 60 years old. The existing tax slab rates are as follows: nil for individuals earning up to INR 2.5 ...

There are a range of income tax exemptions which are available only in the old tax regime and not in the new tax regime. These include those given under 80C, 80D, CCD(1B) and 80D and 80G.