Don't opt for the New Income Tax Regime! With recent budget changes, over 90% of taxpayers may shift to the new regime. But in some cases, the old regime still saves more tax.

Many taxpayers will opt to pay tax under the new tax regime for the financial year 2025-26. With increased tax savings, here are five smart ways to use them. advertisement ...

In this article, we will dive deep into both tax regimes - Old Tax Regime and New Tax Regime. The write-up will explain features, benefits, recent changes, and practical implications for taxpayers ...

Under the new tax regime, the standard deduction amount for salaried individuals is raised from ₹50,000 to ₹75,000. If you're a salaried person with a disability, a monthly transport allowance ...

Income Tax: The new tax regime has made traditional tax-saving investments like PPF and NSC less appealing, encouraging diversification into higher-return options. However, some experts still ...

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.

This means if your annual income is up to Rs 12.75 lakh, you might end up paying zero tax under the new regime starting 1st April 2025 (applicable for FY2025-26, ITR filed in FY2026-27).

The Union Budget of 2025 made the new tax regime more appealing, necessitating a fresh assessment this year. "Factor in all the tax deductions and exemptions you can avail of under the old regime.

Income Tax: The new tax regime has made traditional tax-saving investments like PPF and NSC less appealing, encouraging ...