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

The Income Tax Department ... is available only for old tax regime. Q11. Is the amount received from a provident fund exempt from tax? Answer: Yes till AY 2021-22, the amount received from a ...

Income tax return: The Central Board of Direct Taxes (CBDT) has notified the complete set of Income Tax Return forms ( ITR-1 Sahaj, ITR-2, ITR-3, ITR-4 Sugam, ITR-V, ITR 6, ITR-7 ) for Assessment ...

Formal notification will follow." Income Tax Department, Government of India posted on X. According to CBDT, the notified ITRS for AY 2025-26 have undergone structural and content revisions aimed ...

tax relief for nearly 22 million Canadians, saving two-income families up to USD 840 a year in 2026." "Once legislated, the lowest marginal personal income tax rate will be reduced from 15 per ...

Individuals or entities whose gross total income exceeds the basic exemption limit must file an ITR. For FY 2024-25 (AY 2025-26), the exemption limits under the new tax regime are as mentioned on ...

Also Read - Income tax return filing: ITR forms for AY 2025–26 notified — check key changes For those filing income tax, one of the most important tasks is selecting the applicable Income Tax ...