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Disallowed deductions' related business losses expire in the new tax regime, while ordinary business losses can continue to ...
If you are a job holder and think about tax every year, whether to choose the Old Tax Regime or the New Tax Regime, then this ...
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 ...
While filing income tax, taxpayers will get two options. These include the old tax regime and the new tax regime. Both of ...
When filing income tax returns for FY 2024-25 (AY 2025-26), salaried individuals, professionals, and pensioners must choose ...
When you file income tax regime, you should keep few things in mind such as the deductions you want to claim, exemption for ...
Are you making right claim of refunds in your Income Tax Return — Here are the key points which you are required to know before filing your Income Tax Return!! > Every person who is having income ...
I. Lower tax slab: The new tax regime (NTR) entitles you to claim lower tax slabs whereas you are unable to claim income tax deduction. II. Deductions: In the old tax regime, you are able to claim ...
Under the dual tax regime structure introduced from Assessment Year (AY) 2021–22, individuals and Hindu Undivided Families (HUFs) can choose between the old regime, which allows various exemptions and ...
Winnings from lottery, online gaming, online sports betting, etc., are considered casual income for income tax purposes, as ...
According to Budget 2025, under the new tax system, you don’t have to pay tax on income up to ₹12.5 lakh. This is a big jump ...