Switching between the Old Regime and the New Regime is possible for individuals, allowing their annual tax regime to ...

and at the time of filing the income tax returns (ITR), they realize the old tax regime is more beneficial to them. In such a situation, they have the choice to opt for the old tax regime while ...

In 2020, the Government of India introduced a new tax regime that offered concessional tax rates while scrapping ... and if someone wants to file returns under the old tax regime, they have ...

Completing tax return without Form 16 can be confusing. Here is how you can easily file it when you don't have one.

This means the taxpayers are meant to file their income tax return (ITR ... of the new regime), while you lose out on the deductions that are typically given in the old tax regime.