The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new ...

Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...

Assam Police has destroyed 170 Bighas of illegal poppy cultivation worth Rs 27.20 crore in Goalpara district. Assam Chief ...

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

Before proceeding further, let us first understand the tax exemptions which are allowed under the old regime but not in the new tax regime. Although there are a few exemptions that are given under ...

These patterns suggest that the absence of deductions in the new tax regime is discouraging long-term savings and financial protections, leaving households vulnerable to economic shocks. A flat ...

Though the major tax relief is likely to be announced for the new tax regime, taxpayers need to know the current deductions available under the old tax regime. Here’s a comprehensive guide to the key ...

However, supporters of the regime argue that non-doms should be allowed to retain the tax relief, as having these wealthy individuals in Britain comes with benefits. If the Government abolishes ...

Taxpayers can expect changes that will make the old tax regime less beneficial than the concessional tax regime. This can happen either by restructuring the tax slabs/rates in the concessional tax ...

“The Union Budget 2025 brings the old versus new tax regime debate back into focus, highlighting the need for tailored financial planning. The old regime’s exemptions suit those who prioritise savings ...

Currently, the tax benefits for NPS are available under the old tax regime. Investors can contribute up to Rs 1.5 lakh under Section 80CCE, which provides tax exemption on annuity purchases or ...