Since deadlines to submit salaried returns are now approaching, we will talk about Section 115BAC of the Income Tax Act, 1961. I’ve observed that some deductions are allowed under the new regime. For ...

Conclusion: Dealers registered under Value Added Tax Act (VAT Act), 2008 were duty bound to reverse or debit the input tax credit as prescribed under Section 13(6) of the VAT after the discontinuation ...

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

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

The launch on April 6, 2026 will mark a significant and time-saving change for certain people in how to report income to HMRC ...

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

Under the old tax regime, individuals and businesses could claim a variety of exemptions and deductions—such as house rent ...

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

With the new financial year 2025–26 in full flow, salaried individuals and other taxpayers are once again faced with an ...

The new financial year, FY26, has already started. With this new financial year comes the new Tax regime, which has a big difference in terms of many things. The government has recently rolled out ...

Major portions of the U.S. tax code are scheduled to expire at the end of 2025, and as the U.S. tax landscape faces potential ...

The income tax return form, by default, applies to the new regime. It inquires from the taxpayers whether they wish to come ...