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A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...
Boil down the hundreds of tax provisions in the sprawling legislation signed by President Donald Trump on July 4, and it ...
President Trump's 'big beautiful bill' will provide a boost to the economy in the near term but just a tiny bump over the ...
Choosing the right income tax regime is crucial for ITR filing. Salaried taxpayers can choose between the new and old regimes ...
ITR filing FY 2024-25 (AY 2025-26): Taxpayers can choose between the old and new income tax regimes annually, provided they don't have business income. The new regime is now the default, requiring ...
Opting for the old tax regime can still be logical for most taxpayers — here's why.
With Budget 2025 making income up to Rs 12 lakh tax-free under the new regime, salaried taxpayers are weighing the benefits of switching from the old regime. In this explainer, tax expert Gaurav ...
Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
Trump’s New Tax Cuts Could Shower Americans With Cash, for Now Almost all of the cuts that Republicans hope to pass in the coming weeks will last only until President Trump is set to leave office.
Which Tax Regime Should You Choose, Old or New?, Here's A Simple Guide For Salaried Individuals Choosing between old and new tax regimes depends on your income and deductions. If you invest ...
On ET Now, experts compare the old and new tax regimes, highlighting the benefits of the new system. The new tax regime offers lower tax rates but eliminates most deductions and exemptions. While ...
Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of deductions and exemptions.