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
Long career in direct tax and international taxation, mostly out of Pune. Views personal.
