Taxpayers should consider a few key factors before making a choice. The old regime allows deductions, whereas the new regime ...

Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of ...

The Old Tax Regime requires tax planning, as taxpayers must invest in specific financial products to claim deductions. In contrast, the New Tax Regime is simpler, as it does not require tracking ...

Unsure whether to opt for the new or old tax regime while filing your ITR? Your decision should be based on factors like ...

Do you follow the new tax regime or the old tax regime? Will you switch to the proposed new tax regime once it is implemented ...

As per Vasudeva, in the old tax regime, premiums paid on health insurance policies qualify for deductions under Section 80D.

Choose the Old Regime if you have significant tax-saving investments (PPF, EPF, LIC, etc.) and claim deductions like HRA, 80C, and 80D. Choose the New Regime if you do not have many deductions and ...

Technically there is no tax if taxable income up to 12 lakh (except special rate income), as you get rebate equivalent to tax ...

It's best not to pick 80C instruments in a hurry to claim tax breaks — ascertain whether they can add value to your long-term ...

A Mumbai resident plans to buy a flat in Bhubaneshwar for investment, seeking tax benefits on a home loan. Deductions under ...

Home loan buyers can avail huge tax benefits on the principal and interest they paid on their loan. The cumulative interest ...

Salaried taxpayers having non-business income will have the option to choose between the new and old tax regimes every year ...