With Budget 2025 making income up to Rs 12 lakh tax-free under the new regime, salaried taxpayers are weighing the benefits ...

Big tax savings are possible—even under the no-exemptions new regime. A case study shows how a Rs 50 lakh salaried employee ...

This can be done by eliminating the deductible allowances, such as House Rent Allowance (HRA), Leave Travel Allowance (LTA) ...

If you're planning to file your Income Tax Return (ITR) for the financial year 2024–25, it's crucial to understand the difference between the old and new tax regimes. Both options have their pros and ...

Learn about the 7 key errors to avoid, especially in HRA claims and capital gains tax calculations, to ensure a smooth tax filing process ...

D (health insurance), and home loan interest are just a few of the many exemptions and deductions that were available under ...

Under the new budget Illinois' General Assembly passed, graduated rates from 20% to 40% will replace the 15% flat tax on ...

The new tax regime from FY 2025-26 offers zero tax on incomes up to Rs 12 lakh, making it an attractive option for many.

Revising your salary structure with tax-efficient components like HRA, LTA, and reimbursements can significantly reduce your ...

Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.