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According to rules, salaried individuals can switch regimes annually, while business professionals can do so only once, and ...
Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
Finance Minister Nirmala Sitharaman introduced new income tax regime changes in Budget 2025, featuring revised tax slabs for ...
The new tax regime from FY 2025-26 offers zero tax on incomes up to Rs 12 lakh, making it an attractive option for many.
Leave Travel Allowance (LTA) is a common perk in many salary packages, yet with two tax regimes in place, people often ask if ...
Not everyone needs to file an Income Tax Return (ITR) in India. Filing is mandatory only if your taxable income exceeds the ...
Taxpayers having business income are now required to provide the previous year’s details if they wish to opt out of the new ...
Once a go-to investment for tax savers, Equity Linked Savings Schemes (ELSS) are facing an identity crisis. With the new tax ...
India's crypto sector is ramping up lobbying attempts to reduce the oppressive taxes that have stifled domestic trade for ...
For FY 2024–25, all Indian taxpayers—including those earning below Rs 12 lakh under the new regime—must file Income Tax ...