Are you planning to shift from old to new tax regime during actual ITR filing this fiscal? keep the following things in mind.

Senior citizens can avoid TDS deductions on fixed deposit interest over Rs 1 lakh by filing Form 15H, which ensures no tax ...

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

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

Many individuals are confused about whether income tax rules allow a taxpayer to choose any tax regime during the income tax ...

If the old regime is better for you, and you have invested heavily under Section 80C, but don’t inform your employer, more tax might be deducted from your salary during the year.

I have claimed business losses two years ago under the old tax regime ... to the new regime may forfeit their set-off. In such cases, one can still opt out of the new regime by filing Form ...

Other salaried clients have switched to the new regime while filing their proposed investment declaration this year,” says Mohanka. Put simply, the old tax regime will be beneficial to taxpayers ...

your employer may have asked you to submit an ‘Investment Declaration’ form by now. This form, as you know, contains the details of the tax regime you wish to choose from (old or new), and the ...