Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of ...
Before filing Income Tax Return (ITR) in FY 2024-25 under the old income tax regime you need to complete all necessary steps ...
1. The applicability of the Rebate under section 87A on Short-Term Capital Gain under the New Regime is a highly debatable ...
With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...
and the interest on housing loan under Section 24 is considerable, it would be advisable for the taxpayer to opt for the old tax regime over the new tax regime. It is important to carry out ...
The upcoming tax ... Old Regime may be more advantageous for you: Annual CTC of 20 LPA: More than Rs 7.58 Lakhs in deductions Annual CTC of 13 LPA: More than Rs 5.44 Lakhs in deductions Annual CTC ...
March 31, 2025, today, is the last date to make tax-saving investments under the old tax regime for FY 2024-25. Avoid missing ...
Old Tax Regime Vs. New – Which Saves You More? Your ability to switch between the two depends on your source of income. While ...
Though the new income tax ... use the old regime may consider switching to the new one since the Union Budget 2025 has substantially brought down the slab rates for incomes up to ₹24 lakh.( ...