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

A taxpayer can switch to the old income tax regime while filing the Income Tax Return (ITR), subject to certain conditions ...

While the new regime offers reduced tax slabs, it doesn’t let you claim the usual deductions available under the old regime.

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

If you are a job holder and think about tax every year, whether to choose the Old Tax Regime or the New Tax Regime, then this ...

Winnings from lottery, online gaming, online sports betting, etc., are considered casual income for income tax purposes, as ...

The Central Board of Direct Taxes (CBDT) has notified the new Income Tax Return (ITR) Form 5 for the assessment year (AY) ...

Delay in constituting GST Appellate Tribunal has created legal uncertainty, administrative burdens, and economic distortions ...

The ITR-3 changes, aimed at simplifying tax filing for individuals and Hindu Undivided Families (HUFs) with business or ...

The Income Tax Department has updated the ITR-3 Form for AY 2025-26, introducing a 1% TDS rate for e-commerce operators and ...

These updates are designed to align the ITR-3 form with required disclosures as per Finance Act 2024 and enhance the ...

Updated ITR forms 1 to 5 reflect Budget 2024 changes—from higher LTCG limits to stricter disclosure norms—ushering in a new ...