Is Old Tax Regime Still Better For You? Detailed Comparison Of Old Vs New Regime After Budget 2025
Though there is a standard deduction of Rs 75,000 under new tax regime, there are no deductions available for investments under this regime. It means if income exceeds Rs 12.75 lakh in FY 2025-26, tax will be applicable on the entire income and no deductions (like HRA, ELSS, 5-Year FD, NPS) can be availed of.
