In the new tax regime, which is also the default regime currently, several changes were announced in 2024 and 2025 to make it ...
The Union Budget 2026 left the income tax structure unchanged, but taxpayers are once again faced with a key decision — ...
Union Budget 2026 maintains the existing income tax framework, with the new regime offering tax-free income up to Rs 12 lakh for individuals. While the old regime continues with its deductions, the ...
Income Tax Calculator as Per New tax regime vs Old tax regime: Finance Minister Nirmala Sitharaman announced no changes to ...
Over the last few years, the Centre has made its preference clear. The New Tax Regime, now the default option, has been steadily sweetened through wider slabs, lower rates and higher rebates. However, ...
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As the Finance Minister readies Budget 2026, salaried taxpayers remain split on whether lower rates can truly replace deductions ...
The old tax regime works best for individuals who can claim multiple deductions. In contrast, the new tax regime is tailored for taxpayers without such deductions offering lower tax rates.
The debate between the old and new tax regimes may take a fresh turn from April 2026. Under the proposed changes in the ...
Released by the Income Tax Department for public consultation, the draft rules lay down the operational framework for the New ...
Experts speculate on the potential phasing out of the old tax regime in Budget 2026, following years of favoring a newer, ...
A significant 88% of individual taxpayers have embraced the new income tax regime, with presumptive tax cases seeing a 97% ...