Minimum threshold of deductions at which it is rational for taxpayers to opt for old tax regime is ₹4 lakh, and not anything ...

Salaried individuals earning up to ₹12 lakh may find the new tax regime easier, but it isn’t always cost-effective. Experts ...

Salaried employees or pensioners without business income can change their tax regime at any time prior to filing their ITR ...

From FY2025-2026, salaried individuals earning up to Rs 12 lakh may no longer need old tax regime deductions. With income now ...

With the ITR filing deadline extended to September 15, 2025, you’ve got more time to pick the right tax regime. Should you stick to the old one with its deductions, or go for the new one with lower ...

Taxpayers now have until September 15, 2025, to file their ITR for FY 2024-25, following a 45-day extension. Here are the tax ...

The Lok Sabha on Monday passed the Income Tax Bill, 2025, marking a significant step towards replacing India’s six-decade-old ...

Companies that have opted for the new concessional tax regime can now also claim deductions under Section 80M for dividends ...

The new tax regime may be offering lower rates. However, you might be overlooking Rs 1 lakh or more in potential savings by ...

With the income tax return (ITR) filing date extended to September 15, taxpayers have more time to decide whether to choose the old or new tax regime.

Derek Scissors, senior fellow and China expert at the conservative American Enterprise Institute, expressed concern about the ...