Income Tax Regime Comparison

Taxation
1

Hello @Quicko ,

I need guidance in selecting the income tax regime. Could you please share some insights on a threshold below which one should opt for a new income tax regime and above which one should switch to the old one?

I would also appreciate it if you could share any other important aspects to be considered while choosing the tax regime.

Thanks,

2

Hi @Shiv_Katira

Difference Between Old vs New Tax Regime - Learn by Quicko.

You can refer to this detailed blogpost by @Quicko on this topic. If there are additional points to be covered, Quicko team will share it here :slight_smile:

3

Hey @Shiv_Katira,

You can refer to this for a comparison between the regimes for various income levels and deductions:
New vs Old Regime: Which is better in AY 24-25?

Hope it helps!