The government brought in the new tax regime to make things simpler for taxpayers. It gives you more tax slabs with lower ...

When you file income tax regime, you should keep few things in mind such as the deductions you want to claim, exemption for ...

A breakdown of deductions, exemptions, savings under the old and new systems will help you manage your finances ...

You should opt for the old tax regime if you want to claim deductions and exemptions for house rent allowance.

In case you are opting for the old tax regime, under Section 80C you can claim up to Rs 1.5 lakh of deductions every year.

The new tax regime also offers a higher standard deduction. Last year, it was raised from Rs 50,000 to Rs 75,000 for salaried ...

From a slew of deductions in the old regime to some surprising ones in the new regime, here is a look at your options for ...

While both tax regimes have their pros and cons, the new tax regime is now more attractive and a better option for many ...

The old tax regime offers more deductions and exemptions compared to the new tax regime, making it a preferred choice for individuals who can take advantage of these benefits. Additionally, the Budget ...

The highest tax rate of 30 percent kicks in when annual income is more than ₹15 lakh in the new tax regime. Additionally, tax ...

Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.

Under the new tax regime, you will have to pay tax of Rs 1,04,000. Under the old tax regime, after claiming 80C (already ...