The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...

offering parents an additional Rs 50,000 tax deduction under the old tax regime. Changes in TDS limits – Tax deduction limit on interest earned by senior citizens has been increased to Rs 1 Lakh ...

This bill will replace the six-decade-old Income Tax ... 2025 introduced major tax reliefs for salaried individuals, senior citizens, and homeowners. The nil tax slab has been raised from ₹7 lakh to ...

Both Trump and Swift were in attendance at the Super Bowl LIX Sunday, where they watched helplessly as the very popular ...

However, there are still specific cases where the old tax regime could be more beneficial. Employees receiving a substantial house rent allowance (HRA), especially those getting up to Rs 1 lakh ...

New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new regimen's appeal ...

After Budget 2025 generously slashed tax rates across all income ranges in the new tax regime, the general consensus is that the old regime is a thing of the past. Well, not yet for those paying rent.

If you are opting for the old tax regime, you can still claim tax exemption. But there are speculations that it is only a matter of time before the old tax regime becomes history. So, let us ...