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balwant jain

Balwant Jain

The old tax regime will only be beneficial for those salaried people who are earning high salary and are claiming HRA benefits for significant amount of rent being paid specially in metro cities.

Budget 2025: Old Tax regime is given a silent and slow burial

by Balwant Jain |Feb 2, 2025

In case you are a non-resident individual or even a resident HUF, AOP or BOI you are not entitled to rebate under Section 87A and will have to pay tax at the slab rates under the new tax regime on inc...