The decision between the old and new regime depends on available deductions and exemptions. If the assesse has deductions and ...

Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.

The new regime offers lower tax rates, but does not allow most tax deductions. On the other hand, the old regime permits ...

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.

Choosing between the old and new tax regimes depends on your income level, eligible deductions and life changes-switching is ...

This can be done by eliminating the deductible allowances, such as House Rent Allowance (HRA), Leave Travel Allowance (LTA) ...

Leave Travel Allowance (LTA) is a common perk in many salary packages, yet with two tax regimes in place, people often ask if ...

The income tax filing for the financial year 2024-25 is just around the corner. Taxpayers will file their income tax in the ...

Despite performing relatively better than other provinces and showing steady improvement in revenue, Sindh’s own-source ...

With the ITR filing season underway for FY 2024-25, senior citizens in India—especially pensioners—stand to gain from several ...