Rajesh Mehta, A 35-YAR-old marketing manager in the busy City of Mumbai, Had to Make a Financial Decision That Many People On Salaries Have to Make: Between India’s’s Old and New tax Regimes. Given the Substantial Changes Brought About by the Union Budget 2025, Rajesh Had to Assess which regime would be the best for … Read more
The new tax regime, introduced in budget 2020 and further updated in budget 2025, offers lower tax rates but removes many traditional deductions. However, Several Key Examptions and Deductions are still available to salaarized individuals. Undrstanding these can help optimize tax planning and Reduce Taxable Income. Budget 2025 update Starting from 1st April 2025, A … Read more
Choosing the right tax regime Is a Crucial Decision for Taxpayers in India. With the introduction of the new tax regime in budget 2020, Taxpayers now have the option to Choose between the old vs new tax regimesWhile the new regime offers lower tax rates, it eliminates many of the deductions and exemptions that were … Read more
