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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 income tax savings ...
A breakdown of deductions, exemptions, savings under the old and new systems will help you manage your finances ...
You should opt for the old tax regime if you want to claim deductions and exemptions for house rent allowance.
Since the government brought the new tax regime into effect in 2020, taxpayers have a choice of opting between two systems: the old regime of deductions and exemptions, and the new regime with ...
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 ...
While both tax regimes have their pros and cons, the new tax regime is now more attractive and a better option for many ...
CBDT has announced several changes in the ITR forms this including that in ITR-1 (SAHAJ) and ITR-4. Here are 6 Changes ...
Old tax regime, however, still offers taxpayers a range of options to save taxes through various eligible deductions and ...
In case you are opting for the old tax regime, under Section 80C you can claim up to Rs 1.5 lakh of deductions every year.
Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.
Under the new tax regime, there is a small tax exemption of Rs 3,500 per financial year available on the interest earned from ...
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 ...