As the new regime becomes the default, here’s how both systems compare on tax rates, deductions and overall savings.

With income up to Rs 12 lakh now eligible for a rebate under Section 87A, many senior citizens may end up paying zero tax ...

The new tax regime may be offering lower rates. However, you might be overlooking Rs 1 lakh or more in potential savings by ...

Learn how to report tax regime changes in ITR-3 for AY 2025–26 using Form 10-IEA. Includes rules, filing steps, and common ...

Tax-payers opting for old tax regime can claim deduction on education expenses such as tuition fees, preventive health ...

Tax experts explain that Form 10-IEA is mandatory for taxpayers with business or professional income, particularly those ...

Govt has extended ITR filing deadline to Sep 15. Taxpayers should steer clear of 10 mistakes — including choosing the wrong ...

Heightened I-T dept scrutiny has compelled many salaried taxpayers to avail of deductions on 80C tax-saving investments, HRA, ...

The relevant tax authority shall only assign outstanding tax debts to a third party where all legal steps for tax debt ...

Sunil Gavaskar walks up to Shubman Gill after India captain narrowly misses his record, floors him with priceless gift Why ...

Draft legislation has revealed a hoped for loophole in business and agricultural property reliefs has been closed tight ...