Income Tax Slabs & the New Tax Regime Transition

Описание: India’s income tax system is undergoing a significant structural shift with the gradual transition from the old tax regime to the new tax regime. In this video, we provide a detailed and easy-to-understand explanation of income tax slabs, how the new tax regime works, and what this transition means for taxpayers.

We begin by explaining the rationale behind introducing the new tax regime—simplification, lower tax rates, reduced dependence on exemptions, and improved compliance. The video compares old vs new tax slabs, highlighting key differences in deductions, exemptions, rebate structures, and effective tax liability.

You will learn how common deductions like 80C, HRA, LTA, standard deduction, and home loan interest are treated under both regimes, and why the government is encouraging taxpayers to move toward the new system.

The video also discusses who benefits most from the new regime—low and middle-income earners, young professionals, and those without heavy tax-saving investments—while identifying cases where the old regime may still be advantageous.

Finally, we explain the long-term policy intent behind this transition and how it aligns with India’s broader tax reform goals.

This video will help you make informed tax decisions rather than relying on assumptions or outdated advice.