New vs Old Tax Regime Poll FY 25-26

[am11]

Let's check the tax regime selection trend for members of the forum for FY 25-26.

 

[VasukiVasuki is verified member.]

Let's check the tax regime selection trend for members of the forum for FY 25-26.

Go for new if you aren't old for nps , ppf etc

Old if you already doing it

 

[am11]

Go for new if you aren't old for nps , ppf etc

Old if you already doing it

Even if someone is invested in NPS and/or PPF, the old regime may still not be beneficial unless there are other significant deductions.

 

[2025]

We already have a Poll and thread. If you have something interesting to share, please give your input there.

Please merge: @BVC @Vasuki @cardio_guy @kuchbhi

Here is the link:

2

Thread 'Income Tax: New Regime vs Old Regime'

Dec 30, 2024

Which Income Tax Regime have you opted for in ITR?
1. Old Regime
2. New Regime
3. Don't Have Taxable Income
4. Prefer not to disclose

Update:
CBDT expects 95-97% of people to opt for the new tax regime in the coming days/years.
The current rate is 72-75%.

Reference:
1. https://www.businesstoday.in/latest...for-salary-up-to-rs-12-lakh-463170-2025-02-03
2. https://pib.gov.in/PressReleasePage.aspx?PRID=2040669

---------
Related thread on income tax slab for FY 2025-26: https://www.technofino.in/community/threads/income-tax-slab-rate-for-fy-2025-26.36101/

• 2025
• income tax itr new new tax regime old tax regime tax
• Replies: 13
• Forum: Income Tax

 

[VasukiVasuki is verified member.]

Even if someone is invested in NPS and/or PPF, the old regime may still not be beneficial unless there are other significant deductions.

Yes
Deduction for loan , home loan insurances

 

[newmakerhere]

Old is beneficial if you have capital gain and your income is below 5,00,000/-, then you may receive a rebate up to 12500 on capital gain also. But in the new regime, whatever amount of capital gain you have earned. You have to pay taxes on it, subject to other conditions

 

[am11]

We already have a Poll and thread. If you have something interesting to share, please give your input there.

Please merge: @BVC @Vasuki @cardio_guy @kuchbhi

Here is the link:

2

Thread 'Income Tax: New Regime vs Old Regime'

Dec 30, 2024

Which Income Tax Regime have you opted for in ITR?
1. Old Regime
2. New Regime
3. Don't Have Taxable Income
4. Prefer not to disclose

Update:
CBDT expects 95-97% of people to opt for the new tax regime in the coming days/years.
The current rate is 72-75%.

Reference:
1. https://www.businesstoday.in/latest...for-salary-up-to-rs-12-lakh-463170-2025-02-03
2. https://pib.gov.in/PressReleasePage.aspx?PRID=2040669

---------
Related thread on income tax slab for FY 2025-26: https://www.technofino.in/community/threads/income-tax-slab-rate-for-fy-2025-26.36101/

• 2025
• income tax itr new new tax regime old tax regime tax
• Replies: 13
• Forum: Income Tax

Yes, I saw that. But is that poll still relevant as it was for the last FY?

 

[hender]

Old is beneficial if you have capital gain and your income is below 5,00,000/-, then you may receive a rebate up to 12500 on capital gain also. But in the new regime, whatever amount of capital gain you have earned. You have to pay taxes on it, subject to other conditions

Well, last year, they(ITD) sent notices, who filed STCG return before 29 June, (due to utility open), claiming 87A rebate.
Later they have to pay with Interest.

 

[newmakerhere]

Well, last year, they(ITD) sent notices, who filed STCG return before 29 June, (due to utility open), claiming 87A rebate.
Later they have to pay with Interest.

Notice was sent to, who filed their ITR in the new regime and claimed a rebate. for the old regime rebate is allowed for STCG also.

 

[hender]

Notice was sent to, who filed their ITR in the new regime and claimed a rebate. for the old regime rebate is allowed for STCG also.

87A rebate on STCG , be in old or new - Treatment (ITD) is different... (Surprise to me).
If you have any proof please share for other people to appeal. (Not that Mumbai case reference)

 

[2025]

We already have a Poll and thread. If you have something interesting to share, please give your input there.

Please merge: @BVC @Vasuki @cardio_guy @kuchbhi

Here is the link:

2

Thread 'Income Tax: New Regime vs Old Regime'

Dec 30, 2024

Which Income Tax Regime have you opted for in ITR?
1. Old Regime
2. New Regime
3. Don't Have Taxable Income
4. Prefer not to disclose

Update:
CBDT expects 95-97% of people to opt for the new tax regime in the coming days/years.
The current rate is 72-75%.

Reference:
1. https://www.businesstoday.in/latest...for-salary-up-to-rs-12-lakh-463170-2025-02-03
2. https://pib.gov.in/PressReleasePage.aspx?PRID=2040669

---------
Related thread on income tax slab for FY 2025-26: https://www.technofino.in/community/threads/income-tax-slab-rate-for-fy-2025-26.36101/

• 2025
• income tax itr new new tax regime old tax regime tax
• Replies: 13
• Forum: Income Tax

Yes, I saw that. But is that poll still relevant as it was for the last FY?

Yes, still valid. People can change/ update their vote when they change regime.

It is always preferable to continue to the previous threads as long as they remain valid and relevant rather than artificially trying to boost the number of threads created by a member. Some members like that. I don't.

Multiple satellite (sometimes parasite) threads will confuse readers and not appear suitably in search options. It is much better to suggest or ask to edit the main thread if necessary. In my opinion, the core objective should always remain the flow of information with the right content and not be inflated with unnecessary posts/threads.

I understand the moderators can make their own decisions, @TechnoFino, but I always say what I feel is appropriate.

 

[am11]

Yes, still valid. People can change/ update their vote when they change regime.

It is always preferable to continue to the previous threads as long as they remain valid and relevant rather than artificially trying to boost the number of threads created by a member. Some members like that. I don't.

Multiple satellite (sometimes parasite) threads will confuse readers and not appear suitably in search options. It is much better to suggest or ask to edit the main thread if necessary. In my opinion, the core objective should always remain the flow of information with the right content and not be inflated with unnecessary posts/threads.

I understand the moderators can make their own decisions, @TechnoFino, but I always say what I feel is appropriate.

Don't doubt your thought process. Though I have no intention to artificially boost the number of threads. I felt the older poll was relevant for FY24-25 and hence this poll would help to know the trend for FY25-26 post the changes announced in Budget 2025. I have clearly mentioned in the heading that this is related to FY25-26, so that should help members to not get confused.
I would leave it for the moderators to decide what is best, but would like few things to be considered:
1. How would it be possible to know whether all the members who had voted in the previous poll have actually changed their votes basis FY25-26. It may actually become an incorrect representation if all votes are not changed.
2. How would it be possible to know what the trend was in FY24-25 and why it differs/ remains the same for this FY.

Happy for mods to decide the best action though ✌️.