On May 22, 2025, the House of Representatives passed H.R. 1-119th Congress (2025-2026), titled as the “One, Big, Beautiful ...

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

Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.

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

The basic exemption limit varies depending on the chosen income tax regime. For the old tax regime, the limit is set at Rs ...

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 ...

According to rules, salaried individuals can switch regimes annually, while business professionals can do so only once, and ...

Hello, Income Tax return filing for FY 2024-25 has been started. We all are know that new regime is the default regime for FY 2024-25. If any assessee wants to file the ITR in old regime than he can ...

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.

If an individual has deposited over Rs 50 lakh in a savings account or Rs 1 crore in a current account in a financial year, ...