Here's everything you need to know about which deductions are claimable under the new tax regime 2025-26 and the benefits ...

But if a senior citizen files Form 15H with the bank then he can prevent this TDS deduction if the senior citizen's income is up to Rs 12 lakh under the new income tax regime. Read below to know ...

If you do not choose the tax regime thoughtfully and state it in the investment declaration to the employer, higher TDS may be cut impacting your net take-home pay.

New Delhi: Several instances have come up where an individual tax fil has chosen Old Tax Regime in his or her office investment declaration but would want to know if he or she can file ITR under ...

ITR Filing 2025 Deadline: The Income Tax Return filing (ITR Filing) season has begun and as the ITR filing deadline for ...

Form 10-IEA is a declaration used by taxpayers who choose to opt out of the New Tax Regime. Individuals, HUFs, AOPs (excluding co-operative societies), BOIs, or Artificial Juridical Persons with ...

Failing to submit Form 10-IE on time may prevent the taxpayer from opting for the old tax regime for that year. After submitting Form 10IE, a 15-digit acknowledgement number will be issued.

Rent is Rs 8,333 per month (Rs 1 lakh/year) or below: You don’t need to submit landlord’s PAN number for claiming tax ...

Most employees without HRA claims prefer new tax regime, corporate NPS gaining traction, say CAs Taxpayers contemplating hiking rent paid to parents to maximise tax benefits need to be cognisant ...