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

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 ...

The standard deduction under the old tax regime is ₹50,000 ... However, under the new tax regime, most deductions are not allowed—except those under Sections 80CCD(2), 80CCH, and 80JJAA ...

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 ...

As income tax return (ITR) filing for Assessment Year (AY) 2025-26 is around the corner, taxpayers are once again faced with ...

While the new regime offers reduced tax slabs, it doesn't let you claim the usual deductions available under the old regime.

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

According to Budget 2025, under the new tax system, you don’t have to pay tax on income up to ₹12.5 lakh. This is a big jump ...

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

Old tax regime, however, still offers taxpayers a range of options to save taxes through various eligible deductions and exemptions post 2025 Union Budget. On the other hand, the new tax regime has a ...

Under the new tax regime, you can get a 30% standard deduction on rental income, known as Net Annual Value (NAV). This means ...

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.