Budget 2025 income tax: Will FM Nirmala Sitharaman scrap the old income tax regime?

Budget 2025 income tax expectations: The article examines the potential scrapping of the old income tax regime in the upcoming Budget 2025. It highlights the introduction and progression of the new tax regime since 2020, comparing the benefits and drawbacks for various taxpayer categories.

Jan 31, 2025 - 19:00

Budget 2025 income tax: Will FM Nirmala Sitharaman scrap the old income tax regime?

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Budget 2025 income tax expectations: The article examines the potential scrapping of the old income tax regime in the upcoming Budget 2025. It highlights the introduction and progression of the new tax regime since 2020, comparing the benefits and drawbacks for various taxpayer categories.