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

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 ...

And once they switch back to the new regime, they won’t be able to choose old tax regime anytime in future. And the choice of old tax regime can be made prior to the due date of filing the ...

Taxpayers can choose between the old and new income tax regimes annually, provided they don't have business income. The new ...

Here's everything you need to know about which deductions are claimable under the new tax regime 2025-26 and the benefits ...

Salaried taxpayers opting for the old tax regime must now follow a revised ITR filing process for FY 2024-25. Merely using Form 16 won't be enough — taxpayers will need to upload proofs for ...

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

Individual taxpayers without business income in India can freely switch between the old and new income tax regimes every year ...

Your monthly loan repayment may feel like a drain, yet that same outgoing can slash your tax bill if you structure it right.

Then there is space for allowances/ exemptions that are allowed only under the old tax regime such as 10(5), 10(13A) etc. Then you need to enter the VIA deductions allowed under the old tax regime ...

CBDT has notified revised ITR forms for AY 2025-26, introducing a series of notable changes aimed at improving accuracy, transparency and granularity of income reporting across various taxpayer ...