.jpeg)
The Deadline is Near: Choose Your Regime Wisely
The July 31, 2025 ITR filing deadline is fast approaching. But before you hit "Submit," one critical decision stands between you and your refund or liability:
🧠 Should you opt for the Old Tax Regime or the New one?
Let’s break down the differences—and help you pick what’s best for your income, deductions, and goals—powered by Vizzve Finance.
🧾 Old vs New Tax Regime – Key Comparison (FY 2024–25)
| Particulars | Old Tax Regime | New Tax Regime |
|---|---|---|
| Income Tax Slabs | Higher tax rates | Lower tax rates |
| Deductions Allowed | Yes (80C, 80D, HRA, etc.) | ❌ No major deductions allowed |
| Standard Deduction | ₹50,000 | ✅ Available from FY 2023–24 |
| Tax Rebate Limit | ₹5 lakh | ✅ ₹7 lakh (under Section 87A) |
| Suitable For | Those with high deductions | Those with no/limited deductions |
📊 Who Should Choose What?
✅ Choose Old Regime if you:
Invest in PPF, ELSS, LIC, NPS regularly
Claim HRA, home loan interest, or tuition fees
Maximize Section 80C and 80D benefits
Are salaried with multiple deductions
✅ Choose New Regime if you:
Don’t invest much in tax-saving instruments
Are self-employed with fewer deductions
Want a simpler, deduction-free tax calculation
Earn ₹7 lakh or less (benefit from 0 tax via rebate)
🔧 Use Vizzve’s Regime Selector Tool
Skip the spreadsheets and confusion.
💡 With Vizzve’s Tax Regime Selector, you can:
Compare both regimes in real-time
Upload Form 16 or salary slips
Get instant tax liability preview
Make your choice confidently before filing
🎯 The average Vizzve user saved ₹18,000 by switching regimes smartly.
🧠 FAQs – Choosing the Right Tax Regime
Q1: Can I change regimes every year?
A:Salaried taxpayers: Yes, you can switch every year.
Business owners: Once chosen, you can switch only once.
Q2: I invested in 80C but my income is ₹6.8L. Which regime is better?
A: Likely New Regime, since the ₹7L rebate wipes off your tax—Vizzve calculator confirms with precision.
Q3: How do I select the regime while filing ITR?
A: You must manually choose the regime in the ITR form before submission. If not, the New Regime is selected by default.
🚨 Final Call: Choose Before You File
The regime choice can impact your refund, savings, or dues. Don't wait until the last day.
🔐 Let Vizzve Finance help you decide:
✅ Use our Regime Calculator
✅ Chat with expert advisors
✅ File your ITR on time, stress-free
📲 Start Now at Vizzve.com — Compare your tax options, save more, and file smart.
Published on : 21st July
Published by : SMITA
www.vizzve.com || www.vizzveservices.com
Follow us on social media: Facebook || Linkedin || Instagram
🛡 Powered by Vizzve Financial
RBI-Registered Loan Partner | 10 Lakh+ Customers | ₹600 Cr+ Disbursed