Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is ...

Salaried taxpayers opting for the old tax regime must now follow a revised ITR filing process for FY 2024-25. Merely using ...

Salaried taxpayers can switch to the old tax regime if they believe that this would lead to higher tax savings even if they ...

Even though majority of the tax incentives are not available under the default or new tax regime u/s 115BAC(1A), the tax ...

If you want to claim income tax (I-T) deductions which you are entitled to by virtue of investments in the tax-saving ...

The income tax return filing season has started. Filing return is a mandatory requirement for all taxpayers except those whose income does not exceed the basic ...

Key changes in the Income Tax Return (ITR) filing process for those opting for the old tax regime in the Assessment Year 2025 ...

For fiscal year 2024-25, Form 16 will reflect changes like increased standard deduction under the new tax regime. It will ...

Taxpayer Rajeev Kamat wins appeal as Pune ITAT rules Form 10IE filing is directory, directing benefit of new tax regime for AY 2023-24.Pune Tax Tribunal Allows New Tax Regime Claim for ...

The income tax department has released new excel and online utilities for ITR-1 and ITR-4. However, in the new excel ...

You can move to another regime while filing Income Tax return, but maybe asked to pay extra tax if you change your choice ...

Maximize your savings with our guide to income tax deductions for salaried employees in India under both old & new tax ...