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The Income Tax Return (ITR) filing season for Assessment Year 2025–26 has started, and there are some important changes you should know—especially if ...
It also presents several provisions, such as tax deductions, presumptive taxation rates, and assessment time limits, in a tabular format ... the old tax regime alongside the new one, ensuring ...
Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of deductions and exemptions. The new income tax regime will feature the ...
The new tax regime was introduced in the 2020 Union Budget ... provision of incorporating certain key deductions into the new format,” said Siddharth Maurya, Founder & Managing Director of ...
Also Read: Budget Speech 2024 LIVE: Nirmala Sitharaman revises tax slabs under new regime Owing to this, Nirmala Sitharaman said, ₹17,500 will be saved by those opting for the new regime.
Taxpayers will soon be able to file their income tax returns for the recently concluded financial year. The online portal is expected to open within a few days — with the Central Board of Direct Taxes ...
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