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If you are a job holder and think about tax every year, whether to choose the Old Tax Regime or the New Tax Regime, then this ...
While filing income tax, taxpayers will get two options. These include the old tax regime and the new tax regime. Both of ...
A taxpayer can switch to the old income tax regime while filing the Income Tax Return (ITR), subject to certain conditions ...
Many taxpayers find that the old tax regime is more flexible, particularly regarding deductions and exemptions.
The government brought in the new tax regime to make things simpler for taxpayers. It gives you more tax slabs with lower ...
A breakdown of deductions, exemptions, savings under the old and new systems will help you manage your finances ...
You should opt for the old tax regime if you want to claim deductions and exemptions for house rent allowance.
According to Budget 2025, under the new tax system, you don’t have to pay tax on income up to ₹12.5 lakh. This is a big jump ...
When you file income tax regime, you should keep few things in mind such as the deductions you want to claim, exemption for ...
The new tax regime also offers a higher standard deduction. Last year, it was raised from Rs 50,000 to Rs 75,000 for salaried ...
Under the new tax regime, there is a small tax exemption of Rs 3,500 per financial year available on the interest earned from ...
Under the new tax regime, you will have to pay tax of Rs 1,04,000. Under the old tax regime, after claiming 80C (already ...