Old Tax Regime (FY 2024–25) Under the old tax regime for FY 2024–25, taxpayers can claim various deductions and exemptions, such as those under Sections 80C, 80D, and HRA.

As the deadline to file Income Tax Returns (ITR) for Assessment Year 2025-26 (FY 2024-25) approaches, many taxpayers are ...

Equity-linked savings schemes (ELSS) are losing favor among investors as many switch to the new tax regime, which lacks Section 80C benefits. Consequently, Q1 FY26 saw net outflows of Rs 1,616 crore ...

Senior citizens can maximise tax savings in FY 2024-25 through key income tax provisions like Section 80TTB under the old tax ...

Taxpayers always seek new ways to save tax. Whether they follow the old tax regime or the new, for the income earned in the ...

If you’re a salaried employee with no business or professional income, you have the flexibility to choose the tax regime every year.

Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is necessary to calculate their tax liability. This is because the income tax slabs ...

Section 80D allows taxpayers to claim deductions on premiums paid for health insurance for themselves and their family members. These benefits, however, are only available under the old tax regime ...

Before filing your ITR, know how the removal of 80TTA exemption under the new tax regime could cost you tax even on small ...

Individuals can still switch between the two tax regimes at the time of filing their returns, with key differences based on the type of income.