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The old tax regime offers more deductions and exemptions compared to the new tax regime, making it a preferred choice for individuals who can take advantage of these benefits. Additionally, the Budget ...
For the slab rates under both the regimes ... Yes, the standard deduction under the old tax regime is ₹50,000, whereas, in the new tax regime, it is ₹75,000. Should you opt for the new ...
The new regime forgoes most of these. Old tax regime vs new tax regime: Standard deduction The standard deduction for ...
When you file income tax regime, you should keep few things in mind such as the deductions you want to claim, exemption for ...
A breakdown of deductions, exemptions, savings under the old and new systems will help you manage your finances ...
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 ...
Old tax regime, however, still offers taxpayers a range of options to save taxes through various eligible deductions and ...
FY26 has brought with it several tax changes – the biggest one of them being the huge sweetener in the new income tax regime. This, along with major capital gains tax changes announced in July 2024 ...
In this section you'll find photographic features that explore holidays and photography courses, details about members meetings, trials and tribulations of installing new software along with ...
If you're thinking of moving from the old to the new tax regime in India, and you’ve accumulated business losses in the past, ...
Under the new income tax regime, taxpayers can now avail of a standard deduction of up to Rs 75,000, which makes an annual ...