Which tax regime is better: Choosing your Old vs

Choosing your Old vs. New Tax Regime FY 2025-26? Discover which option saves you more tax. Learn optimize your finances. This in-depth article explores the new tax regime vs the old tax regime slabs, highlights the latest income tax slabs, and offers key insights to help you decide which tax regime is better for you. Compare your income tax liability under old and new tax regimes. Calculate and compare tax savings between both regimes for FY 2024-25. For FY 2025–26, the new tax regime effectively makes income up to ₹12 lakh tax-free due to the enhanced rebate of ₹60,000. In addition, a standard deduction of ₹75,000 is available for salaried individuals, making a salary income of up to ₹12.75 lakh effectively tax-free. Income Tax Slabs for FY 2025-26 under New Tax Regime