Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of ...
While the old tax regime promotes savings through tax benefits, the new one is simpler, involves less paperwork and reduces ...
Taxpayers should consider a few key factors before making a choice. The old regime allows deductionswhereas the new regime ...
The Union Budget FY26 introduced significant tax benefits for the middle class. Finance Minister Nirmala Sitharaman announced ...
Come April 1, 2025, changes in the income tax slabs will come into effect under the new tax regime. While it is up to ...
As per Vasudeva, in the old tax regime, premiums paid on health insurance policies qualify for deductions under Section 80D.
Proposed new tax regime will be implemented from April 1, 2025, where income up to Rs 12,75,000 is tax-free for ...
The new tax regime will have new income tax slabs from FY 2025-26. Many salaried employees hesitated to switch to the new tax ...
People with salaried and non-business income are allowed to switch between the new and old tax regimes every year. You can ...
Technically there is no tax if taxable income up to 12 lakh (except special rate income), as you get rebate equivalent to tax ...
Income tax rules require taxpayers to submit advance tax if their overall tax liability for the financial year exceeds Rs ...