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 ...
Before filing Income Tax Return (ITR) in FY 2024-25 under the old income tax regime you need to complete all necessary steps ...
In an official release, the PIB announced enhancements to the new tax regime, including an increase in the standard deduction from Rs 50,000 to Rs 75,000.
Individuals can avail revised tax slabs in the new income tax regime from financial year 2025-26. Here is a thorough ...
Finance Minister Nirmala Sitharaman made a slew of announcements during her Budget speech this year aimed to simplify India's ...
Unsure whether to opt for the new or old tax regime while filing your ITR? Your decision should be based on factors like ...
Some people opt for the old tax regime due to the slew of deductions ... Union Budget 2025 has substantially brought down the slab rates for incomes up to ₹24 lakh. a) Employee's contribution ...
Salaried people who have failed to pay advance tax on extra income also have an opportunity to correct the default.
Effective April 1, 2025, new income tax regulations have been introduced following the enactment of the Finance Act 2025. One ...
Post Office Savings Accounts (POSA) provide tax exemptions under the new tax regime, with unique advantages over conventional ...