AY 2025-26: Which is better, the old tax regime or the new tax regime?
Wed, Jan 8, 2025 12:07 PM

AY 2025-26: Which is better, the old tax regime or the new tax regime?

A Flip by Swapnil Tiwari
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In Budget 2024, Finance Minister Nirmala Sitharaman introduced changes to the income tax slabs to make the new tax regime more appealing to taxpayers. However, no such perks were announced in the July 2024 Budget for those who opted for the old tax regime. The standard deduction for salaried individuals has been increased to ₹75,000 in the new regime.

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