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The Income Tax Department has rolled out updated Excel utilities for ITR-1 and ITR-4 for AY2025–26. These forms now support ...
Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
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 ...
According to rules, salaried individuals can switch regimes annually, while business professionals can do so only once, and ...
The new regime offers lower tax rates, but does not allow most tax deductions. On the other hand, the old regime permits ...
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Newspoint on MSNOld vs New Tax Regime: Which One Saves You More? Expert Advice from CA Nitesh BuddhadevAs each financial year begins, salaried individuals across India face a common dilemma—Should I opt for the old tax regime or ...
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Salaried taxpayers alert: You can’t claim LTA under New Tax Regime; check detailsThe new tax regime from FY 2025-26 offers zero tax on incomes up to Rs 12 lakh, making it an attractive option for many.
Income tax return (ITR) filing season is back and the taxpayers have two more months to go for filing their tax returns ...
The Income Tax Department’s latest updates to ITR-1 and ITR-4 for Assessment Year 2025–26 have sent a clear message—claiming deductions and exemptions ...
Revising your salary structure with tax-efficient components like HRA, LTA, and reimbursements can significantly reduce your ...
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