Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of ...
Taxpayers should consider a few key factors before making a choice. The old regime allows deductionswhereas the new regime ...
While the old tax regime promotes savings through tax benefits, the new one is simpler, involves less paperwork and reduces ...
The Union Budget FY26 introduced significant tax benefits for the middle class. Finance Minister Nirmala Sitharaman announced ...
A Mumbai resident plans to buy a flat in Bhubaneshwar for investment, seeking tax benefits on a home loan. Deductions under ...
Unsure whether to opt for the new or old tax regime while filing your ITR? Your decision should be based on factors like ...
The new tax regime in India offers higher take-home salaries and lower average tax rates compared to the old regime for incomes between ₹1 crore and ₹10 crore, making it a more appealing choice for ...
As per Vasudeva, in the old tax regime, premiums paid on health insurance policies qualify for deductions under Section 80D.
Come April 1, 2025, changes in the income tax slabs will come into effect under the new tax regime. While it is up to ...
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 ...
Proposed new tax regime will be implemented from April 1, 2025, where income up to Rs 12,75,000 is tax-free for ...
Salaried taxpayers having non-business income will have the option to choose between the new and old tax regimes every year ...