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Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
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Salaried taxpayers alert: You can’t claim LTA under New Tax Regime; check detailsThe new tax regime from FY 2025-26 offers zero tax on incomes up to Rs 12 lakh, making it an attractive option for many.
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India Today on MSNIs LTA exempt under the New Tax Regime? What you should knowLeave Travel Allowance (LTA) is a common perk in many salary packages, yet with two tax regimes in place, people often ask if ...
Finance Minister Nirmala Sitharaman introduced new income tax regime changes in Budget 2025, featuring revised tax slabs for ...
Despite performing relatively better than other provinces and showing steady improvement in revenue, Sindh’s own-source ...
In a move to aid retired citizens with their tax responsibilities, the Income Tax Department has published a detailed ...
The income tax filing for the financial year 2024-25 is just around the corner. Taxpayers will file their income tax in the ...
With the ITR filing season underway for FY 2024-25, senior citizens in India—especially pensioners—stand to gain from several ...
According to Indian tax laws, filing ITR is mandatory only if your income exceeds the basic exemption limit, which varies ...
As the ITR 2025 deadline approaches, many taxpayers are confused about what documents to gather and which regime to opt for. Here is everything you need to know ...
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Form 16 is a TDS Certificate, which is received by the employee from the employer. This TDS certificate makes the process of ...
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