Which one you choose is a function of your profile and the investments you make. For instance, if you fall under the high tax bracket and are entitled to fewer tax deductions, the new tax regime ...

I. Lower tax slab: The new tax regime (NTR) entitles you to claim lower tax slabs whereas you are unable to claim income tax deduction. II. Deductions: In the old tax regime, you are able to claim ...

A common question every year is whether to opt for the old tax regime or the new tax regime. The right choice depends on your income, investments, and eligible deductions. In the new tax regime ...

In the new financial ... for a suitable tax regime based on their investments and income brackets. We all want to save a large part of our income, and tax planning is one way to reduce tax ...

The article examines the new tax regime and the changes announced in the union budget ... spirited scholarship and analyses of contemporary affairs every week. EPW is one of the few publications that ...

All past losses have been properly declared in your previous tax filings. · You understand that once you choose the new regime, you cannot go back to the old one if you have business income.

The replacement of the UK’s paper-based stamp duty (SD), and its electronic cousin stamp duty reserve tax (SDRT), with a unified and modernised ...

This is primarily because this is one of the few exemptions available under the new tax regime and employees want to use it to reduce their tax outgo. Section 80CCD (2) of the Income-tax Act ...

With the onset of the new financial year FY25-26 and the old one wrapped up, it's time to start gathering your paperwork for filing your Income Tax Return (ITR). For most taxpayers not requiring ...

However, home loan tax benefits can easily make your Rs 14.75 lakh income from salary completely tax free. Know how you may do that! One can take this tax benefit ... Rs 22.5 lakh or Rs 30 lakh?

Kamala Harris has emerged from her den, apparently refreshed. Last week, she delivered a winsome keynote at a benefit gala in ...