While filing income tax, taxpayers will get two options. These include the old tax regime and the new tax regime. Both of ...

You should opt for the old tax regime if you want to claim deductions and exemptions for house rent allowance.

The financial year 2024-25 is over and the process of filing Income Tax Returns (ITR) has started. This year, the last date ...

The income tax calculator helps you calculate tax under both the old and new tax regime for all categories of taxpayers —individuals, firms, trusts, companies and others. You can access the income tax ...

A breakdown of deductions, exemptions, savings under the old and new systems will help you manage your finances ...

According to Budget 2025, under the new tax system, you don’t have to pay tax on income up to ₹12.5 lakh. This is a big jump ...

Both the old and new tax regimes have advantages and disadvantages, but the New Personal Tax Regime is the best option for taxpayers making up to Rs. 12 lakhs per year since it provides a full refund ...

Under the new income tax regime, taxpayers can now avail of a standard deduction of up to Rs 75,000, which makes an annual ...

Since the government brought the new tax regime into effect in 2020, taxpayers have a choice of opting between two systems: the old regime of deductions and exemptions, and the new regime with ...

When we think about availing tax benefits on a home loan, the first picture that strikes our mind is of the old tax regime ... Rs 22.5 lakh or Rs 30 lakh? Proposed New Tax Regime Calculations: Is your ...

Under the new tax regime, individuals with annual income up to Rs 7 lakh can avail a rebate under Section 87A, meaning they won’t have to pay any tax.