Old vs New Tax Regime for FY 2025-26 / TY 2026-27: Break-Even Math, Section 156 Rebate, and Who Should Pick What Under the Income-tax Act, 2025
Old vs New tax regime for FY 2025-26 under the 2025 Act. Section 202: Rs 4L exemption, slabs to 30% at Rs 24L, Rs 75K standard deduction, Section 156 rebate up to Rs 60K / Rs 12L. Old regime preserves Section 80C / 80D / HRA. Break-even ~Rs 3.5-4L deductions. Worked examples by income band.
Vikram Mehta
@ca_vikram
Vikram is a founding editorial team member at TaxSocial covering the GST and indirect-tax beat. His articles unpack GST 2.0, the new slab structure effective September 2025, the post-sale discount reset, the intermediary-services Section 13(8)(b) amendment, the 30-day IRN reporting rule, the GSTR-1A / GSTR-2B / GSTR-3B filing matrix, and the late-fee mechanics that follow when any of these slip. He writes from the perspective of a practitioner running compliance for mid-sized businesses — what the rule actually says, what the GSTN portal will accept on a given date, and what the practical workaround is when the two diverge. He covers MCA filing and ROC compliance topics where they intersect with GST.
