Income Tax: These are the exemptions given under the old and new tax regimes; check list
The new tax regime is now the default for taxpayers in FY 2023, allowing lower tax slabs but eliminating old deductions.
Will Budget 2025 give any income tax relief under old tax regime?
In 2020, the finance minister unveiled the new tax regime, which offered taxpayers the option to pay lower tax but forego ...
Budget 2025 new vs old income tax regime: Will FM Sitharaman do away with the old regime soon? Experts weigh in
Most personal tax experts are of the view that the government will phase out the old income tax regime in the com ...
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Bring all taxpayers under New Tax Regime, remove all exemptions under old regime: SBI report suggests FM
SBI suggests switching all taxpayers to the New Tax Regime to boost compliance and income before Budget 2025. Discover more ...
Budget 2025 income tax: Why standard deduction should be hiked under new tax regime
Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a t ...
Income tax calculator: Find out which tax regime suits you better — New or Old
It is recommended to use the income tax calculator that computes the tax under both the regimes (old and new) before you can choose the one that leads to a lower tax outgo ...
Budget 2025: How the old and new income tax regime slabs, rates stack up
Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...
Budget 2025: Will Centre wrap up Old Tax Regime by bringing exemptions under new regime? Here's what we know
The government embarked on a comprehensive review of the Income Tax Act, 1961, intending to simplify and modernise the tax ...
Income Tax Expectations Live: Higher tax exemption, new slabs likely for salaried class
How much of this will translate into actual benefits for the middle class? And will the government take bold steps to ...
New 25% tax rate for middle class, no tax on income up to Rs 8 lakh expected in Budget 2025
The Government's endeavour has been to promote the new tax regime, and personal tax changes in the last few Budgets have been ...
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Budget 2025: Are Deductions Like HRA And 80C Available Under New Tax Regime? Check Here
Taxpayers are keenly awaiting possible reductions in tax rates and increased exemption limits, amid ongoing high inflation ...
Some exemptions likely in new income tax regime, inflation adjusted income tax slabs possible: Rakesh Nangia
Updated - January 25, 2025 at 10:00 AM. | New Delhi READ LATER ...