Under the old tax regime, taxpayers can claim various deductions and exemptions, while the new tax regime does not offer much ...

With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...

Salaried individuals have two options when filing their Income Tax Return (ITR): the old or the new tax regime. Each has its own tax slabs, deductions and exemptions. Selecting the appropriate regime ...

There is a marginal relief of up to Rs 22,222 under the new regime until the net taxable income reaches Rs 7,22,222. Marginal relief ensures that the excess tax liability is limited to the excess ...

Salaried individuals can switch between old and new tax regimes every year, while business owners have limited flexibility.

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

New income-tax rates take effect from April 1, the first day of the financial year 2025-26. Finance Minister Nirmala Sitharaman had announced several changes to the income-tax slabs under the new tax ...

Both the old and new tax regimes have advantages and disadvantages, but the New Personal Tax Regime is the best option for taxpayers making up to Rs. 12 lakhs per year since it provides a full refund ...

The income tax calculator helps you calculate tax under both the old and new tax regime for all categories of taxpayers ...

The new tax regime will have new income tax slabs from FY 2025-26. Many salaried employees hesitated to switch to the new tax ...

Cost to Company (CTC) includes various components such as basic salary, allowances, PF contributions, gratuity, and other ...