Budget 2025 brought significant changes to India's income tax structure. Under the new tax regime, the basic exemption limit ...

While both tax regimes have their pros and cons, the new tax regime is now more attractive and a better option for many ...

The government brought in the new tax regime to make things simpler for taxpayers. It gives you more tax slabs with lower ...

At the time of filing income tax return, taxpayers are supposed to be aware of different provisons which apply to the new tax ...

A taxpayer can switch to the old income tax regime while filing the Income Tax Return (ITR), subject to certain conditions ...

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 ...

Learn about key changes in ITR forms for AY 2025–26, including exempt capital gains in ITR-1 & ITR-4, updated capital gains ...

When filing income tax returns for FY 2024-25 (AY 2025-26), salaried individuals, professionals, and pensioners must choose ...

If you want to file smoothly, avoid errors, and potentially save on taxes, here are some essential tips you should know before you get started ...

Under the new tax regime, individuals with annual income up to Rs 7 lakh can avail a rebate under Section 87A, meaning they won’t have to pay any tax.

V. House rent Allowance (HRA): House Rent Allowance is exempted for the salaried individuals. However, this exemption is not available under the new tax regime. VI. Deductions permitted ...

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