With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...

The Centre is set to implement new income tax slabs for the financial year 2025-26, announced in the Union Budget 2025 by ...

Salaried individuals have two options when filing their Income Tax Return (ITR): the old or the new tax regime. Each has its ...

While the old tax regime promotes savings through tax benefits, the new one is simpler, involves less paperwork and reduces ...

Do you follow the new tax regime or the old tax regime? Will you switch to the proposed new tax regime once it is implemented for the financial year 2025-26? But what will be your income tax in all of ...

Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of deductions and exemptions. The new income tax regime will feature the ...

Choose the Old Regime if you have significant tax-saving investments (PPF, EPF, LIC, etc.) and claim deductions like HRA, 80C, and 80D. Choose the New Regime if you do not have many deductions and ...

Taxpayers should consider a few key factors before making a choice. The old regime allows deductionswhereas the new regime ...

Proposed new tax regime will be implemented from April 1, 2025, where income up to Rs 12,75,000 is tax-free for ...

Come April 1, 2025, changes in the income tax slabs will come into effect under the new tax regime. While it is up to ...