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 ...

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 ...

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

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

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 ...

The removal of deductions means investors must focus on real returns and financial goals rather than just tax savings, say ...

PIT collection as a share of GDP surged, new tax regime introduced, simplification exercise in new Income Tax Bill.

Salaried taxpayers with non-business income can switch between tax regimes yearly. Those with business income who opt out of ...

During the Union Budget 2025 presentation, sweeping changes to the nation’s tax structure were announced. The revised regime ...

As the salary increases, the average tax rate in both regimes also increases, reaching 38.42% in the New Regime and 42.46% in the Old Regime for ₹10 crore income,” the CEO of Tax2win added.