Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is ...

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

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

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

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

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

The income tax return filing season has started. Filing return is a mandatory requirement for all taxpayers except those whose income does not exceed the basic ...

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

Key changes in the Income Tax Return (ITR) filing process for those opting for the old tax regime in the Assessment Year 2025 ...

As medical emergencies drive families into debt, taxpayers are urging the government to offer deductions for out-of-pocket ...

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

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