Old vs New Regime

Course Objective

The choice of tax regime significantly impacts your take-home salary and long-term financial planning.

This session will:

• Help decode Budget 2025-26 updates impacting salaried individuals
• Compare the treatment of salary components like allowances, perquisites, and retirement benefits under both regimes
• Analyse which regime suits your personal financial situation best

Course Content

Budget 2025-26 Tax Changes—An Overview

Comparative Analysis: Old vs New Regime

• Tax slabs and rates under both regimes
• Changes in standard deductions and rebates (including Section 87A)
• Treatment of salary, perquisites, and retirement benefits

Available vs Blocked Tax Incentives

• List of exemptions and deductions retained in the new regime
• Tax-saving options only available under the old regime (e.g., HRA, 80C)

Understanding Special Income Tax Rates

• Income types taxed at preferential rates (e.g., LTCG, STCG, dividends)

Surcharge and Cess

• Impact of income thresholds on surcharge slabs
• Education & health care treatment

TDS Options Under Section 192

• How and when to declare your chosen regime
• Form declarations and timelines

Making the Smart Choice

• Tools and strategies for evaluating both regimes
• Sample calculations to illustrate best-fit scenarios