Due to the income tax changes made in the FY 2024-25 (AY 2025-26), Form 16 will show certain changes this year. It will ...

One of the key areas of focus is expected to be the new tax regime, which the government has been promoting in recent years. ...

Though ITR filing can still be done via offline and online mode both, most taxpayers nowadays prefer filing ITR online using ...

As the new tax regime is the default regime now, taxpayers who want to file their return under the old tax regime – are meant to opt for it separately. These are some of the factors which should ...

If you're a business owner shifting from the old to the new income tax regime, it’s crucial to understand how this affects your ability to carry forward and set off business losses. In the ...

Announcing the commencement of the reforms on New Year’s day, Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, outlined key features of the updated regime.

Also Read: Details on rent, home loan, TDS: ITR forms seek more disclosures this year However, these deductions on principal and interest are not available under the new tax regime. The government ...