Salaried individuals can switch tax regimes annually when filing ITR; business owners can switch once; the new regime offers ...

Personal income tax in India has always followed a progressive slab system with various deductions and exemptions. Until February 2020, there was only one tax regime – Old Tax Regime – in the ...

Big tax savings are possible—even under the no-exemptions new regime. A case study shows how a Rs 50 lakh salaried employee legally cut taxes by Rs 3.75 lakh through NPS optimisation and better ...

On the other hand, if you don’t have many deductions and prefer simplicity, the new regime with its zero-tax slab up to ₹12 lakh might work better.. Conclusion. While the new tax regime is ...

Confused about which ITR form to choose or how to verify your return? Here's your go-to guide to filing ITR for Assessment ...

Find latest breaking, trending, viral news from Pakistan and information on top stories, weather, business, entertainment, politics, sports and more. For in-depth coverage, Samaa English provides ...

When filing income tax returns for AY 2025-26, understanding capital gains taxation from mutual funds is crucial. Both old ...

When filing income tax returns for AY 2025-26, understanding capital gains taxation from mutual funds is crucial. Both old and new tax regimes tax these gains. Long-term gains from equity funds ...

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

Among them, 86 per cent should have switched from the old to the new regime, ... Changes in Budget 2025. Budget 2025 introduced significant enhancements to the new tax regime.

A step-by-step ITR filing guide for salaried individuals for FY 2024-25, including key forms, tax regime choices, document ...