Under the old tax regime, taxpayers can claim various deductions and exemptions, while the new tax regime does not offer much ...

The older tax regime offers considerable flexibility for taxpayers by enabling them to leverage available claims of ...

As the financial year 2025-26 begins, taxpayers must choose between the two income tax regimes when they file their income ...

After successfully filling out the income-tax return, the next step is to verify it. If a return is filed but not verified ...

Confused between the old and new tax regimes for FY 2024-25? Understand key differences like tax slabs, deductions and ...

The Union Budget 2025 has introduced some major changes to India’s income tax structure. If you’re a salaried employee or ...

As the deadline for issuing Form 16 approaches, many salaried individuals are preparing to file their Income Tax Returns (ITR ...

There is a marginal relief of up to Rs 22,222 under the new regime until the net taxable income reaches Rs 7,22,222. Marginal relief ensures that the excess tax liability is limited to the excess ...

Both the old and new tax regimes have advantages and disadvantages, but the New Personal Tax Regime is the best option for taxpayers making up to Rs. 12 lakhs per year since it provides a full refund ...

Salaried individuals can switch between old and new tax regimes every year, while business owners have limited flexibility.

The revisions introduced under the new tax regime is aimed to make the new regime easier, cut down on paperwork, and minimise ...

April is the month when employees have to submit the details of their intended tax-saving investments during the year to ...