The Income Tax Department has introduced new detailed reporting for various deductions (HRA, home loan interest, 80C to 80U) ...

Learn about key changes in ITR forms for AY 2025–26, including exempt capital gains in ITR-1 & ITR-4, updated capital gains reporting in ITR-3, tax regime declaration via Form 10-IEA, and drop-down ...

your employer may have asked you to submit an ‘Investment Declaration’ form by now. This form, as you know, contains the details of the tax regime you wish to choose from (old or new), and the ...

If opting for the default New Tax Regime, minimal action is required. However, those opting for the Old Tax Regime will need to complete Form 10-IEA. Form 10-IEA is a declaration used by taxpayers ...

It can be difficult for taxpayers to decide between these two tax regimes, particularly during the investment declaration ... ITR submission under the new tax regime. Form 10-IEA is designed ...