QuirkyNugget

Which tax regime is applicable for FY 2025-26?

Can anybody confirm which tax regime is applicable for April 2025 to March 2026 year? Will it be new tax regime? Also, if it is new regime would it be 7 lakh exempt one or the latest announced 12 lakh exempt one?

4mo ago

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DizzyBanana

Accenture4mo

New tax regime will be default with 12 lakh exemption limit.

WobblyPancake

Infosys4mo

It should be 12 lac one

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