The Income Tax Department has rolled out offline Excel-based utilities for filing Income Tax Returns (ITRs) for the financial ...

The Income Tax Department has rolled out updated Excel utilities for ITR-1 and ITR-4 for AY2025–26. These forms now support ...

Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.

The decision between the old and new regime depends on available deductions and exemptions. If the assesse has deductions and ...

Income tax return (ITR) filing season is back and the taxpayers have two more months to go for filing their tax returns ...

The new regime offers lower tax rates, but does not allow most tax deductions. On the other hand, the old regime permits ...

The new tax regime from FY 2025-26 offers zero tax on incomes up to Rs 12 lakh, making it an attractive option for many.

Leave Travel Allowance (LTA) is a common perk in many salary packages, yet with two tax regimes in place, people often ask if ...

The income tax filing for the financial year 2024-25 is just around the corner. Taxpayers will file their income tax in the ...

Revising your salary structure with tax-efficient components like HRA, LTA, and reimbursements can significantly reduce your ...

Choosing between the old and new tax regimes depends on your income level, eligible deductions and life changes-switching is ...