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 ...

The new tax regime in India offers higher take-home salaries and lower average tax rates compared to the old regime for incomes between ₹1 crore and ₹10 crore, making it a more appealing choice for ...

If you are availing exemptions or deductions under the old tax regime, the new tax regime may lead to a higher tax outgo.

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 ...

New vs. Old Tax Regime Many high-income earners frequently ask about the tax implications on salaries ranging from ₹1 crore ...

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

Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.

No more running after proofs, no more figuring out which investment saves the most tax. Just take your total income, slap on the tax rate, and boom—you’re done. No last-minute scrambling, no endless ...

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 ...

Salaried employees can select their tax regime at the start of each financial year. If no preference is given, employers will deduct tax under the new regime by default.