Due to an error in Budget 2025, a salaried employee may not be able to avail of the standard deduction of Rs 75,000 from ...

For AY2025-26, understanding tax liability under each income tax regime is crucial. Here's calculation for Rs 10 lakh, Rs 20 ...

You should opt for the old tax regime if you want to claim deductions and exemptions for house rent allowance.

Notably, taxpayers can claim exemption for HRA along with the interest on home loan under the old tax regime in the same year ...

Irpef Advance 2025 on three rates. The decree law no. 55/2025, effective today, has been published in the Official Gazette, ...

It is essential to inform your employer of your preferred tax regime on time to ensure that less tax is deducted from your ...

Our panel of experts answers questions related to any aspect of personal finance. If you have a query, mail it to us right ...

The new tax regime is now the default option. If you wish to continue with the old tax regime, you must inform your employer.

Secure your spouse’s retirement with NPS. Invest monthly to build a Rs 1.11 crore corpus and get a lifelong pension of Rs ...

Old tax regime, however, still offers taxpayers a range of options to save taxes through various eligible deductions and ...

Under current rules, salaried taxpayers must inform their employers of their choice between the old and new tax regimes at ...