Choosing the right income tax regime is crucial for ITR filing. Salaried taxpayers can choose between the new and old regimes ...

As the deadline to file Income Tax Returns (ITR) for Assessment Year 2025-26 (FY 2024-25) approaches, many taxpayers are ...

Learn how to file ITR 1 Sahaj online for FY 2024-25 under India’s New Tax Regime. A simplified stepwise guide covering ...

This makes the old tax regime, which has 5 per cent, 20 per cent, and 30 per cent slabs and allows deductions for tax-saving investments, less attractive in comparison.

If you’re a salaried employee with no business or professional income, you have the flexibility to choose the tax regime ...

If you are availing exemptions or deductions under the old tax regime, the new tax regime may lead to a higher tax outgo.

'If an individual makes significant financial investments, she should stick to the old regime.' 'If the individual prefers straightforward computation without any tax benefits, the new regime ...

The Budget 2024 introduces changes to income tax structures, prompting a comparison between the old and new regimes for taxpayers. The new regime offers increased standard deduction and benefits ...

Union Budget 2025: In the Union Budget 2025, Finance Minister Nirmala Sitharaman revealed an increase in the basic tax exemption limit in the new tax regime. The limit has been raised from Rs 3 ...

Budget 2025 income tax expectations: The announcement of new income tax regime in India’s Union Budget 2020 was a progressive step by the Hon’ble Finance Minister Sitharaman towards ...

Old Vs New Tax Regime Slabs and Rates Comparison: With no income tax burden for income levels up to Rs 12.75 lakh, a large section of salaried taxpayers stands to benefit.