Is Old Tax Regime Still Better For You? Detailed Comparison Of Old Vs New Regime After Budget 2025
Though there is a standard deduction of Rs 75,000 under new tax regime, there are no deductions available for investments under this regime. It means if income exceeds Rs 12.75 lakh in FY 2025-26, tax will be applicable on the entire income and no deductions (like HRA, ELSS, 5-Year FD, NPS) can be availed of.
Though there is a standard deduction of Rs 75,000 under new tax regime, there are no deductions available for investments under this regime. It means if income exceeds Rs 12.75 lakh in FY 2025-26, tax will be applicable on the entire income and no deductions (like HRA, ELSS, 5-Year FD, NPS) can be availed of.
What's Your Reaction?
Subhashree
Hi, This is Subhi.
Welcome to my blog! I love to keep up with the latest news in healthcare, technology and media. Here you will find insightful articles that inform and interest you about the world around you. Join me as I drift between health and technology, and stay up-to-date!
