Salaried individuals have two options when filing their Income Tax Return (ITR): the old or the new tax regime. Each has its ...
Indian taxpayers have the option to switch between the new and old income tax regimes annually, following the changes ...
April is the month when your employer asks you to choose between the old and new tax regime for TDS on salary for FY 2025-26.
In an official release, the PIB announced enhancements to the new tax regime, including an increase in the standard deduction from Rs 50,000 to Rs 75,000.
With the enactment of Finance Bill 2025 and the notification of Finance Act 2025, significant changes in Income Tax ...
Before filing Income Tax Return (ITR) in FY 2024-25 under the old income tax regime you need to complete all necessary steps ...
ELSS funds could be a good tax-saving avenue for investors opting for the old tax regime and seeking to create wealth over ...
top Indian musicians revealed Similarly those who have exhausted their options for deductions and exemptions can switch to new tax regime, as it will both save more income tax and also keep things ...
If you have chosen the old tax regime, ensure that your tax-saving investments under Sections 80C, 80D, 80G, and others are ...
Investing in an ELSS scheme under the Dividend Reinvestment Plan qualifies for a Sec 80C rebate as it is a fresh investment.
There will be more tax-saving options in the new financial year, along with ease of tracking your investments and a new ...