The government brought in the new tax regime to make things simpler for taxpayers. It gives you more tax slabs with lower ...

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 ...

Jets supporters quickly took to social media to praise the organization's restraint, with many seeing it as a refreshing change from previous regimes: "I love this new regime," one fan posted on X.

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 ...

One common question creating a buzz among taxpayers this year is whether individuals can switch between the old and new tax regimes at the time of filing. Notably, the new income tax regime was ...

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 ...

In a way, they will not have to pay any tax up to Rs 12,75,000. The new system has simplified things. Now the simple calculation is Rs 12,75,000 with zero tax.” According to Professor RK Gupta, “The ...

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 ...