In this article, we will dive deep into both tax regimes - Old Tax Regime and New Tax Regime. The write-up will explain ...

Salaried taxpayers opting for the old tax regime must now follow a revised ITR filing process for FY 2024-25. Merely using ...

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

Key changes in the Income Tax Return (ITR) filing process for those opting for the old tax regime in the Assessment Year 2025 ...

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.

D (health insurance), and home loan interest are just a few of the many exemptions and deductions that were available under ...

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.

Under the old tax regime, HRA is exempted under section 10(13A) of Income Tax Act for salaried individuals while this exemption is not available in the new tax regime. IV. Calculator: Income Tax ...

Finance Minister Nirmala Sitharaman introduced new income tax regime changes in Budget 2025, featuring revised tax slabs for FY 2025-26 and altered exemption limits. Designed for simpler filing, it ...