Even under the new tax regime, employer contributions to NPS remain deductible under Section 80CCD(2). This reduces taxable income and helps build long-term retirement ...
Under the new tax regime, Section 87A of the Income Tax Act, 1961 provides a tax rebate of up to Rs 60,000. Because of this rebate, individuals earning up to Rs 12 lakh in a financial year may not ...
The new tax regime offers fewer deductions than the old tax system, but it has lower tax slabs, which directly reduces the tax burden. Under this regime, in FY 2025-26, you can avail a standard ...