Even though majority of the tax incentives are not available under the default or new tax regime u/s 115BAC(1A), the tax ...

Salaried taxpayers can switch to the old tax regime if they believe that this would lead to higher tax savings even if they ...

In this article, we will dive deep into both tax regimes - Old Tax Regime and New Tax Regime. The write-up will explain ...

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

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

If you want to claim income tax (I-T) deductions which you are entitled to by virtue of investments in the tax-saving ...

Salaried taxpayers opting for the old tax regime must now follow a revised ITR filing process for FY 2024-25. Merely using ...

With the onset of the new financial year FY25-26 and the old one wrapped up, it's time to start gathering your paperwork for filing your Income Tax Return (ITR). For most taxpayers not requiring ...

You can move to another regime while filing Income Tax return, but maybe asked to pay extra tax if you change your choice ...

Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of deductions and exemptions. The new income tax regime will feature the ...