Do you follow the new tax regime or the old tax regime? Will you switch to the proposed new tax regime once it is implemented ...

"Choosing Old or New Tax Regimes can be confusing, but income tax calculator can help you make a right decision by comparing ...

Choose the Old Regime if you have significant tax-saving investments (PPF, EPF, LIC, etc.) and claim deductions like HRA, 80C, and 80D. Choose the New Regime if you do not have many deductions and ...

One of the most valuable deductions available under the Old Tax Regime is Section 80C, which allows taxpayers to claim ...

The new tax regime in India offers higher take-home salaries and lower average tax rates compared to the old regime for ...

Ahmedabad: Tax experts have questioned the logic of retaining the old tax regime in the new Income Tax Bill introduced recently in Parliament.

The Old Tax Regime requires tax planning, as taxpayers must invest in specific financial products to claim deductions. In contrast, the New Tax Regime is simpler, as it does not require tracking ...

To be able to claim income tax deduction for FY 2024-25, taxpayers must invest in a tax saving scheme given in the relevant ...

The Union Budget 2025 has once again brought the debate between the old and new tax regimes into focus. While the government continues to promote the new tax regime with simplified tax slabs and ...

For FY 2024-25, under new tax regime tax liability will be Rs 1,76,800. Anuj: What are the tax savings to persons who still want to follow the Old Tax Regime with tax exemptions in this budget?