So, if your employer deducted taxes based on the old tax regime, you can still shift to the new regime when filing your ITR—and vice versa. The tax department put you in the new regime if you do ...

80C. But, under the new tax regime (NTR), this deduction is not available. Only returns filed under old tax regime (OTR) fetch benefit. Also read: To switch or not to: The old IT regime vs the new ...

I carried them forward in my last year Income Tax Return (ITR), again under the old regime. In the current assessment year, I am planning to switch to the new regime. Can I carry forward the ...

With the new financial year 2025–26 in full flow, salaried individuals and other taxpayers are once again faced with an important choice: which tax regime to file under—the old one or the new? The ...

A common question every year is whether to opt for the old tax regime or the new tax regime. The right choice depends on your income, investments, and eligible deductions. In the new tax regime ...

As many as 700,000 more pensioners will be paying income tax next year, pushing the total past nine million. By 2027, the full new state pension ... If Reeves has her way, families could be ...

When we think about availing tax benefits on a home loan, the first picture that strikes our mind is of the old tax regime ... Rs 22.5 lakh or Rs 30 lakh? Proposed New Tax Regime Calculations: Is your ...

The income tax return form, by default, applies to the new regime. It inquires from the taxpayers whether they wish to come out under Section 115 BAC. Selecting 'Yes' transfers them to the old tax ...

The Pro Football Hall of Famer is all in on how the Jacksonville Jaguars have changed the way ... new era, and a few things have already made themselves abudantly clear. For one, the Jaguars' new ...

The new gameplay trailer ... to keep it that way. When I asked them about an easy mode, both developers shook their heads and Zięba said, “It’s hard mode, in the old-school way.” ...

The new financial year FY26 has kicked off, and taxpayers are meant to file their income tax returns under one of the two regimes. Mint deconstructs the key points to be considered before choosing ...

Under the old tax regime, taxpayers can claim various deductions and exemptions, while the new tax regime does not offer much deductions. Listen to Story For taxpayers not requiring an audit, the ITR ...