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Old Tax Regime vs. New Regime: Which to Choose for Financial Year 2025-26?

The old tax regime offers more deductions and exemptions compared to the new tax regime, making it a preferred choice for individuals who can take advantage of these benefits. Additionally, the Budget 2025 introduced changes in tax slab rates. The applicable tax slabs under the old regime are as follows:

The Financial Express · 13d

ITR Filing FY 2024-25: Old vs New Tax Regime – Which one saves you more?

Under the new tax regime, individuals with annual income up to Rs 7 lakh can avail a rebate under Section 87A, meaning they won’t have to pay any tax.

Newspoint on MSN.com · 7d

Income Tax: 4 reasons that make the old regime better than the new regime..

The financial year 2024-25 is over and the process of filing Income Tax Returns (ITR) has started. This year, the last date for filing returns is 31 July 2025. Taxpayers have the option to choose between the Old Tax Regime and the New Tax Regime.

Confused between old and new tax regimes: Here are key factors to help you choose before filing your ITR

Old vs new tax regime: As the financial year has ended, taxpayers will now begin gathering their documents to file their income tax returns (ITR) before the deadline of July 31, 2025. Just like ...

Tax planning in FY26: Deductions hold the key in choosing between old and new regime

FY26 has brought with it several tax changes – the biggest one of them being the huge sweetener in the new income tax regime. This, along with major capital gains tax changes announced in July 2024 mean that you need to look at your financial planning with a new tax lens.

Old tax regime vs New tax regime: Which one to pick as the new financial year kicks in. Check details

Yes, the standard deduction under the old tax regime is ₹50,000, whereas, in the new tax regime ... Is there any tax calculator where I can compare my tax computation under both regimes?

Goodreturns · 19d

Old vs. New Tax Regime: Which One Saves You More In FY 2025-26?

Both the old and new tax regimes have advantages and disadvantages, but the New Personal Tax Regime is the best option for taxpayers making up to Rs. 12 lakhs per year since it provides a full refund in line with the changes made to the new tax regime in the 2025 budget.

Can you switch to the old income tax regime while filing ITR?

This story answers if as a taxpayer, you will be able to switch to the old tax regime while filing income tax return (ITR) and how switching to the old regime will help you save money (via deductions)

The Free Press Journal · 8d

Which Tax Regime Should You Choose, Old or New?, Here's A Simple Guide For Salaried Individuals

Mumbai: With the start of the new financial year 2025-26, salaried individuals are once again facing the common dilemma — which tax regime to choose: old or new? Employers are asking for ...

Old Vs New Tax Regime: Prof RK Gupta Says ‘Eventually, Everyone Will Shift Towards…’

The old tax regime in India represents the conventional taxation system that offers taxpayers a range of deductions and exemptions to lower their taxable income. These benefits cover investments in tax-saving instruments such as the Public Provident Fund (PPF),

India TV · Apr 1, 2025

Income Tax Slabs: How do new tax slabs compare to existing ones in terms of benefits

With the new regime, the threshold of income above ... the same as the top slab," Kathuria explained. The old regime, in comparison, retains its traditional deductions (like HRA, 80C, etc.)

Zee Business · Mar 31, 2025

March 31 Deadline: Last chance to save tax under old regime – Key investments you must make now

Unlike the new tax regime, the old regime offers a wide range of deductions under Section ... consider locking into these rates before the deadline. Compare returns with other banks before investing. 7. Deposit in Mahila Samman Savings Certificate (MSSC ...