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Old tax regime News

14 Feb 2025

Tax Regime: Is Old Regime Still Beneficial For Those Earning Above Rs 12.75L?

Here’s a table showing a comparison of old vs new regime with the income level and deductions. If you have deductions more than Rs 7,75,000, then you can file return under old regime, explains Cleartax.

02 Aug 2024

Choosing Between Old And New Income Tax Regimes? 5 Things To Consider

Here are 5 things to consider if you are stuck between the dilemma of chosing between new and old tax regime.

04 Jul 2024

Missing July 31 ITR Deadline Will Automatically Shift You To New Tax Regime

ITR Filing 2024: Missing the deadline has more than just a 'penalty' consequence, it might actually shift your tax-regime preferances. Check details.

new tax regime 2024

30 Mar 2024

New Tax Rules From April 1: Did You Know About Basic Exemption Limit? Check

April 1, 2024, marks the beginning of a new financial year. Income of Rs 15 lakh and above will be taxed at 30 percent. From April 1, 2024there will be a default adoption of the new tax regime.

23 Mar 2024

New Tax Regime: Consider These Deductions For Optimal Savings

Despite fewer deductions, certain allowances and exemptions remain available under the new tax regime. These are mentioned below.

14 Apr 2023

New vs Old Income Tax Regime: Why Taxpayers Must Choose Regime In April

The tax system cannot be altered during the fiscal year after it has been finalised.

01 Apr 2023

Union Budget 2023: Know What New Tax Rules Are Applicable From Today

From April 1, the new tax rule will be applicable from today. Along with this, many new rules related to Income Tax (Income Tax Rule Changes) will also be implemented.

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