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Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
Once a go-to investment for tax savers, Equity Linked Savings Schemes (ELSS) are facing an identity crisis. With the new tax ...
According to rules, salaried individuals can switch regimes annually, while business professionals can do so only once, and ...
Leave Travel Allowance (LTA) is a common perk in many salary packages, yet with two tax regimes in place, people often ask if ...
The new tax regime from FY 2025-26 offers zero tax on incomes up to Rs 12 lakh, making it an attractive option for many.
The Indian crypto market is optimistic with a degree of caution. It watches keenly as the game changes while preparing for a ...
Finance Minister Nirmala Sitharaman introduced new income tax regime changes in Budget 2025, featuring revised tax slabs for ...
According to Indian tax laws, filing ITR is mandatory only if your income exceeds the basic exemption limit, which varies ...
Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.
With the ITR filing season underway for FY 2024-25, senior citizens in India—especially pensioners—stand to gain from several ...
Taxpayers in India can choose between two different regimes while filing their income tax returns --- each with a corresponding set of exemptions and benefits.
Under the new tax regime, incomes up to Rs 12 lakh will incur zero income tax starting the current fiscal year. Small businesses and professionals with turnovers up to 72 crore and F24 lakh, ...