While you review your income and deductions for the year, you may start considering whether the old or new tax regime provides greater savings. HOW TO CHANGE THE TAX REGIME? The income tax return ...

Our panel of experts answers questions related to any aspect of personal finance. If you have a query, mail it to us right ...

If you're thinking of moving from the old to the new tax regime in India, and you’ve accumulated business losses in the past, it’s natural to wonder what becomes of them. The good news is that ...

It is essential to inform your employer of your preferred tax regime on time to ensure that less tax is deducted from your ...

With financial priorities evolving and taxpayers navigating between two regimes for FY 2025-26, it is the ideal time to ...

I carried them forward in my last year Income Tax Return (ITR), again under the old regime. In the current assessment year, I am planning to switch to the new regime. Can I carry forward the ...

Mumbai: With the start of the new financial year 2025-26, salaried individuals are once again facing the common dilemma — which tax regime to choose: old or new? Employers are asking for ...

Under the new tax regime, you will have to pay tax of Rs 1,04,000. Under the old tax regime, after claiming 80C (already ...

FY26 has brought with it several tax changes – the biggest one of them being the huge sweetener in the new income tax regime. This, along with major capital gains tax changes announced in July 2024 ...