Old vs New Tax Regime: Which Saves You More?
A detailed comparison of the old and new income tax regimes for FY 2024-25 — slab rates, eligible deductions, and which regime is better for different income profiles.
- Old Regime: All Deductions Allowed (80C, HRA, 80D)
- New Regime: Lower Slab Rates, No Major Deductions
- Break-even Point Analysis
- Salary vs Business Income Comparison
- Standard Deduction in Both Regimes
- When to Switch Regimes