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

Individuals can avail revised tax slabs in the new income tax regime from financial year 2025-26. Here is a thorough ...

Post Office Savings Accounts (POSA) provide tax exemptions under the new tax regime, with unique advantages over conventional ...

The new income tax slabs will be applicable from April 1, 2025. Further, there will be no income tax on incomes up to Rs 12 ...

Under the new tax regime, deductions under Sections 80TTA and 80TTB are not available, but the exemption for POSAs still applies.

Salaried individuals have two options when filing their Income Tax Return (ITR): the old or the new tax regime. Each has its ...

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

While the old tax regime promotes savings through tax benefits, the new one is simpler, involves less paperwork and reduces ...

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

Unsure whether to opt for the new or old tax regime while filing your ITR? Your decision should be based on factors like ...

The new financial year will have revised income tax slabs with increased exemptions and rebates under New Tax Regime, ...