Here's everything you need to know about which deductions are claimable under the new tax regime 2025-26 and the benefits ...

The new regime eliminates most exemptions — such as Sections 80C, 80D, HRA, and LTA — but compensates with reduced tax slabs.

A question that most salaried taxpayers face is if they can claim both House Rent Allowance (HRA) and home loan interest ...

The ITR deadline is September 15 and if you've opted for the new tax regime, you might be wondering: Can I still save on ...

The new tax regime under Section 115BAC of the Income Tax Act offers lower tax rates in exchange for giving up most ...

Even while most focus only on standard deductions, there are several hidden credits and deductions that can significantly ...

Unlock higher tax refunds for FY 2024–25 by understanding eligible deductions (80C, 80D, HRA), utilising presumptive taxation, and avoiding common ITR filing errors like data mismatches and incorrect ...

If you choose the new tax regime, you would not be able to claim the following 7 major deductions, check them out.

To pay zero tax on Rs 15.5 lakh income under the new regime, you need to reduce your taxable income to Rs 12,00,000 (Rs 12.75 lakh with standard deduction). Let's take an example where an employee's ...

If you are a salaried-class individual and have an income of Rs 17,00,000, can your income be tax-free in the new tax regime? See calculations to know- ...

According to Anand S. Kulkarni, a practicing Chartered Accountant, “Till now, most individuals simply uploaded their Form 16 ...