Form 10-IEA is a declaration form for those who do not want to follow the new tax regime. If you earn income from a business ...

Learn about key changes in ITR forms for AY 2025–26, including exempt capital gains in ITR-1 & ITR-4, updated capital gains ...

Pay Advance Tax, if Required – If the total tax liability exceeds Rs. 10,000 (after considering deductions and rebates), the ...

When filing income tax returns for FY 2024-25 (AY 2025-26), salaried individuals, professionals, and pensioners must choose ...

If you do not choose the tax regime thoughtfully and state it in the investment declaration to the employer, higher TDS may ...

It is essential to inform your employer of your preferred tax regime on time to ensure that less tax is deducted from your ...

Income tax return: The Central Board of Direct Taxes (CBDT) has notified the complete set of Income Tax Return forms ( ITR-1 ...

New Delhi: Several instances have come up where an individual tax fil has chosen Old Tax Regime in his or her office investment declaration ... by the employer in Form 16A- Part B and Form 26AS.

Small businesses and professionals with turnovers up to ₹2 crore and ₹24 lakh see an opportunity to pay zero tax through the presumptive taxation option under the new regime. But, some experts ...

MUMBAI: Though the new tax regime offers a simpler framework by eliminating ... as ‘exempt income’ in their income tax return (ITR) form." If the interest earned exceeds ₹3,500 for an ...