Are you planning to shift from old to new tax regime during actual ITR filing this fiscal? keep the following things in mind.

What if you had earlier informed your employer to deduct TDS based on the old tax regime, and now feel that the new regime suits you better? Can you make that switch during ITR filing? What if you ...

The New Tax Regime (NTR), introduced by the government in 2020, brought a major shift in the way individuals plan their taxes ...

The Investment Declaration form needs to be submitted at the start of the financial year so that the Tax Deduction at Source ...

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

Some are drawn to the lower tax slabs offered by the new tax regime, while others prefer the old tax regime for the deductions and exemptions it allows. Here are some situations where opting for ...

If the old regime is better for you, and you have invested heavily under Section 80C, but don’t inform your employer, more tax might be deducted from your salary during the year.

Under the new tax regime, taxpayers need to pay 0 tax if their income is up to Rs 12 lakh per annum. The government has also provided marginal relief if your income is less than Rs 12.75 lakh. However ...

Based on the finance minister's statement, salary income up to Rs 12.75 lakh will be tax-free under the revised rebate and slabs in the new regime. In addition, salaried employees will be eligible ...

MUMBAI: Though the new tax regime offers a simpler framework by eliminating deductions and exemptions, some incomes are still eligible for tax benefits. One such income is the interest on post ...

Tax Regimes in 2025-26: The New Tax Regime is known to offer reduced slabs and fewer deductions, with just enhanced standard deduction and select exemptions. The fiscal year 2025-26, which kicked ...