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 ...

Budget speech, Finance Minister Nirmala Sitharaman shared big news. Under the new regime, if you earn up to Rs 12 lakh, you ...

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: Like every year, for AY 2025-26, taxpayers must choose between the new and old income tax regimes when filing ITR. The new regime is the default.

Individual taxpayers without business income in India can freely switch between the old and new income tax regimes every year. However, the choice is subject to deadlines and procedural conditions ...

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.