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 deductions, whereas the new regime ...

The Union Budget FY26 introduced significant tax benefits for the middle class. Finance Minister Nirmala Sitharaman announced ...

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 ...

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 ...

New vs old income tax regime: ₹1 crore to ₹5 crore salary ₹1 crore salary: New vs old regime “Under the new regime, a salary of ₹1 crore will result in an in-hand salary of ₹70,74,220.

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 ...

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

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

Post Office TD or Bank FD both are a favourable option for tax saving investment before the end of financial year 2024-25.