New vs Old Tax Regime Calculations: What will be your tax liability on salary of Rs 7.50 lakh, Rs 15 lakh, Rs 22.5 lakh or Rs 30 lakh?
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 ...
Tax Guru2d
New Tax Regime vs. Old Tax Regime: Which One is Better for You?
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 ...
The Hindu25d
To switch or not to: The old IT regime vs the new
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 ...
Experts advocate for phasing out old tax regime in new I-T bill
Ahmedabad: Tax experts have questioned the logic of retaining the old tax regime in the new Income Tax Bill introduced recently in Parliament.
Tax Guru6d
Comparative Analysis of Old Tax Regime and New Tax Regime
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 ...
Opting for old tax regime? Check these tax-saving schemes under Section 80C
One of the most valuable deductions available under the Old Tax Regime is Section 80C, which allows taxpayers to claim ...
The Financial Express23d
ITR Filing: How to switch from the Old Tax Regime to the New Tax Regime
In certain scenarios, the old tax regime may still offer a comparative advantage over the new regime. (Image: Financial Express) The proposals introduced by Finance Minister Nirmala Sitharaman in ...
Income Tax Calculator: Here you can assess which tax regime – old or new – is better for you?
"Choosing Old or New Tax Regimes can be confusing, but income tax calculator can help you make a right decision by comparing ...