Budget Special

Budget and You: Is the new regime ideal for all taxpayers?

The old tax regime may still have its use cases

Is the new regime right for you?

Union Budget 2025 has sweetened the new tax regime even more. With a higher basic exemption limit and lower tax rates, it seems the new regime is better for most taxpayers. Yet, there are certain cases where the old tax regime may be better. When does the old regime win? The table below shows the minimum deductions needed in the old regime for your tax liability to be the same as in the new regime. If your t

This story is not available as it is from the Mutual Fund Insight March 2025 issue

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