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The new regime offers lower tax rates, but does not allow most tax deductions. On the other hand, the old regime permits ...
The decision between the old and new regime depends on available deductions and exemptions. If the assesse has deductions and ...
A taxpayer can switch to the old income tax regime while filing the Income Tax Return (ITR), subject to certain conditions ...
Home loan benefits are important, but they aren’t the only ones to think about. Other deductions under the old regime, like ...
As each financial year begins, salaried individuals across India face a common dilemma—Should I opt for the old tax regime or ...
Updated table of LTCG and STCG capital gains tax rate for equities including income from foreign currency bonds released by ...
Old tax regime, however, still offers taxpayers a range of options to save taxes through various eligible deductions and exemptions post 2025 Union Budget. On the other hand, the new tax regime has a ...
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 ...
The government brought in the new tax regime to make things simpler for taxpayers. It gives you more tax slabs with lower ...
At the time of filing income tax return, taxpayers are supposed to be aware of different provisons which apply to the new tax ...
It is essential to inform your employer of your preferred tax regime on time to ensure that less tax is deducted from your salary for the 2025-26 financial year. Read on to know what will happen if ...
While both tax regimes have their pros and cons, the new tax regime is now more attractive and a better option for many individuals.