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Salaried individuals can switch tax regimes annually when filing ITR; business owners can switch once; the new regime offers ...
Fewer tax slabs, but without exemptions and deductions In the new tax regime, the slab rates are lower than the old regime, but it does not provide the facility of popular tax exemptions ...
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 ...
the old regime may offer more savings. 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.
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 ... capital gains made from mutual funds differs between the new and the old income tax regime, we have you covered. Gains from sale of non - equity ...
4don MSN
Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is ...
As many as 33 per cent selected the wrong tax regime. Among them, 86 per cent should have switched from the old to the new regime, while the rest would have gained by opting for the old regime.
Here's everything you need to know about which deductions are claimable under the new tax regime 2025-26 and the benefits ...
As the income tax return (ITR) filing season for Assessment Year 2025–26 kicks off, taxpayers must note that capital gains ...
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