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

D (health insurance), and home loan interest are just a few of the many exemptions and deductions that were available under ...

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

Enhanced disclosure requirements for taxpayers opting for the old tax regime. - Automation of deduction verification aims to ...

The Income Tax Return (ITR) filing season for Assessment Year 2025–26 has started, and there are some important changes you ...

Leave Travel Allowance (LTA) is a common perk in many salary packages, yet with two tax regimes in place, people often ask if ...

The basic exemption limit varies depending on the chosen income tax regime. For the old tax regime, the limit is set at Rs ...

Hello, Income Tax return filing for FY 2024-25 has been started. We all are know that new regime is the default regime for FY 2024-25. If any assessee wants to file the ITR in old regime than he can ...

The new tax regime from FY 2025-26 offers zero tax on incomes up to Rs 12 lakh, making it an attractive option for many.

According to Indian tax laws, filing ITR is mandatory only if your income exceeds the basic exemption limit, which varies ...