New Tax Regime vs Old Tax Regime — Which Is Better for You?
A tax regime is basically the set of rules the government gives you to calculate how much income tax you have to pay. The government introduced the new regime in Budget 2020 and made it the default regime from FY 2023–24. So if you don't actively choose, you're already on the new regime.
Highlights of Union Budget 2025-26
The Union Budget 2025-26 graphically projects ambitious plans for India's growth, based on key sectors that will form the future of the nation.