From a slew of deductions in the old regime to some surprising ones in the new regime, here is a look at your options for ...

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

Many taxpayers find that the old tax regime is more flexible, particularly regarding deductions and exemptions.

A breakdown of deductions, exemptions, savings under the old and new systems will help you manage your finances ...

The old tax regime offers more deductions and exemptions compared to the new tax regime, making it a preferred choice for individuals who can take advantage of these benefits. Additionally, the Budget ...

Some are drawn to the lower tax slabs offered by the new tax regime, while others prefer the old tax regime for the deductions and exemptions it allows. Here are some situations where opting for ...

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

The new tax regime is now the default option. If you wish to continue with the old tax regime, you must inform your employer.

Delhi High Court says tax reassessments beyond three years are invalid under both old and new regimes.

CBDT has announced several changes in the ITR forms this including that in ITR-1 (SAHAJ) and ITR-4. Here are 6 Changes ...

Our panel of experts answers questions related to any aspect of personal finance. If you have a query, mail it to us right ...

Under the new tax regime, you will have to pay tax of Rs 1,04,000. Under the old tax regime, after claiming 80C (already ...