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

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

With Budget 2025 making income up to Rs 12 lakh tax-free under the new regime, salaried taxpayers are weighing the benefits ...

Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.

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

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

Income tax return (ITR) filing season is back and the taxpayers have two more months to go for filing their tax returns ...

As medical emergencies drive families into debt, taxpayers are urging the government to offer deductions for out-of-pocket ...

The Federal Board of Revenue (FBR) has announced sweeping changes to Pakistan’s tax regime in Budget 2025-26, offering ...

Salaried employees in India will receive their Form 16 documents for the Financial Year 2024-25 by June 15, 2025. This is an ...

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