As each financial year begins, salaried individuals across India face a common dilemma—Should I opt for the old tax regime or ...

If you're planning to file your Income Tax Return (ITR) for the financial year 2024–25, it's crucial to understand the ...

Mumbai: With the start of the new financial year 2025-26, salaried individuals are once again facing the common dilemma — which tax regime to choose: old or new? Employers are asking for ...

Some are drawn to the lower tax slabs offered by the new tax regime, while others prefer the old tax regime for the deductions and exemptions it allows. Here are some situations where opting for ...

In the new financial year, taxpayers are gearing up to file their income tax returns (ITRs) for FY2024-25 (Assessment Year 2025-26). At the same time, these taxpayers do their math to check how ...

If you're a business owner shifting from the old to the new income tax regime, it’s crucial to understand how this affects your ability to carry forward and set off business losses. In the ...

Note:The slabs and rates of tax in the 'Proposed New Tax Regime Slab Rate' column apply ... To calculate income tax as per the old income tax slab, you need to follow a few steps.

I carried them forward in my last year Income Tax Return (ITR), again under the old regime. In the current assessment year, I am planning to switch to the new regime. Can I carry forward the ...

A common question every year is whether to opt for the old tax regime or the new tax regime. The right choice depends on your income, investments, and eligible deductions. In the new tax regime ...

If you're thinking of moving from the old to the new tax regime in India, and you’ve accumulated business losses in the past, it’s natural to wonder what becomes of them. The good news is that ...