ilmscore | Old vs. New Tax Regime Break-even Point Predictions
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The break-even point for choosing between the old and new tax regimes has shifted. For an income of INR 12 lakh, individuals now need over INR 7 lakh in deductions and exemptions to benefit from the old regime; otherwise, the new regime is more advantageous.
"post the budget 2025 what is that new number that's new number is almost double that's around 7 lakh..."
Feb 2, 2025
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