Failing to file your income tax return (ITR) on time can lead to late fees and force you into a new tax regime ...

Wondering what happens if you miss the ITR filing deadline? Did you know you’ll automatically be shifted to the new tax ...

Understand the key deductions for AY 2025-26 under the new tax regime, including standard deduction, NPS, and the ₹7 lakh tax ...

A senior/super senior citizen may submit declaration in Form No. 15H to the deductor for non-deduction of TDS to the effect ...

Compare deductions under India's old and new tax regimes. Learn which tax-saving options, including Standard Deduction and Gratuity, are available in ...

Taxpayers who opted for the Old Tax Regime (OTR) for FY2024-25 and claimed exemptions like HRA and Section 80C through their ...

Think the new tax regime killed all deductions? Think again. From ₹50,000 standard deduction to NPS and health insurance ...

The CA noted that while the new regime benefits from lower slab rates and a simplified process, families with significant ...

Key Changes and Implementation Time line - India has officially notified the Income Tax Act, 2025, a complete rewrite of the six-decade-old 1961 law.

The Income Tax Act provides taxpayers the choice of making a selection between the old and new regimes, yet the selection ...

With the ITR filing deadline upon us, one of the biggest decisions is whether to file under the old regime or the new regime. And when will the refunds come.

India followed two tax regimes. Under the new regime, salaried employees with income up to ₹7.75 lakh were outside the tax ...