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Income Tax: You can file ITR 2025 under the old tax regime for THESE reasons
If you want to claim income tax (I-T) deductions which you are entitled to by virtue of investments in the tax-saving ...
ITR 2025: These rules govern the switching of income tax regime from new to old
Salaried taxpayers can switch to the old tax regime if they believe that this would lead to higher tax savings even if they ...
Indiatimes4d
Income Tax Return e-filing: Can you keep switching between new and old tax regime every year? What taxpayers should know
ITR filing FY 2024-25 (AY 2025-26): Taxpayers can choose between the old and new income tax regimes annually, provided they don't have business income. The new regime is now the default ...
Income tax slabs for ITR filing FY 2024-25 are different under new tax regime: Check details
Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is ...
Mitra can save Rs 55,000 tax by opting for NPS, new tax regime
Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.
Indiatimes1d
Income Tax Return: Are capital gains from MFs taxed differently under new & old regime? What taxpayers should know about new LTCG, STCG rules
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 ...
The Financial Express18d
Understanding Income Tax Regimes: Old vs New – A Complete Guide
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 ...
The Financial Express13d
New Income Tax rules: Changes in ITR filing process for Old Tax Regime return filers
No proof was required while filing the return. According to CA (Dr.) Suresh Surana, taxpayers opting for the old tax regime in Assessment Year (AY) 2025–26 must prepare for a significantly ...
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Will Budget 2025 announce closure date of old tax regime under Income Tax Act? - MSN
Many tax experts expect changes in the income tax slabs under the new tax regime in Budget 2025. This is because the government, since the announcement of the new tax regime in Budget 2020, has ...
Hosted on MSN29d
New income tax calculation after Budget: How much tax will salaried save on incomes of Rs 12.75 lakh, Rs 15 lakh, Rs 20 lakh, Rs 25 lakh under new tax regime
The new income tax slabs proposed under the new tax regime in Budget 2025 will help salaried individuals save a maximum income tax of Rs 1,14,400. The income tax savings are on the premise that an ...
Business Today19d
HRA, Section 80C, Section 24b claims get tough: New ITR rules tighten grip on old tax regime filers
Taxpayers choosing the old income tax regime for the Assessment Year ... and owned properties were in the same city. Under the new norms, such claims will be scrutinized, and taxpayers must ...
Business Today23d
Filing ITR for AY2025–26? 7 new details you must provide in ITR-1, ITR-4 under Old Tax Regime
Taxpayers filing returns under the old tax regime using ITR-1 (Sahaj) or ITR-4 (Sugam) for Assessment Year 2025–26 must now furnish seven additional sets of information while claiming deductions ...