New vs old income tax regime after Budget 2025: Which one is better?

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Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the middle class in the Union Budget 2025, eliminating tax for incomes up to Rs 12.75 lakh. Taxpayers must compare deductions under the old regime versus the new lower rates to determine the most beneficial option.

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