Times Now simplified here. Tax Slabs and Rates Comparison Between New Tax Regime Vs. Old Tax Regime One of the primary ...

Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favouring the new tax regime. The old regime, ...

This has reignited the debate between the New Tax Regime and the Old Tax Regime, with individuals weighing the benefits of ...

Give details of exemptions which are not allowed in the new regime such as HRA under section 10 (13A); also provide if you have income other than salary. Give details of other deductions allowed ...

and the difference between the tax liabilities. You can see the difference in the tax amount and the tax saving in the old or the new regime and decide which regime you should opt for.

However, you will need to opt out of the new tax regime. Many taxpayers are facing a dilemma about choosing the ‘right’ income tax regime. Between the old and new tax regimes, the old tax ...

The decision will depend on the specific deductions that each taxpayer can claim to ensure that their tax liability is lower under the old regime ... proposed new tax regime, income between ...

There are two types of income tax slabs - one under new tax regime and other under old tax regime. What is the difference between gross income and taxable income? Gross income includes all your ...

Under the old tax regime, certain perquisites such as rent-free accommodation, company car, etc., were taxable as perquisites based on their value. The same treatment applies under the new tax regime.