T department allows taxpayers to opt between the two tax regimes. However, the decision can significantly impact your tax ...

So, if your employer deducted taxes based on the old tax regime, you can still shift to the new regime when filing your ...

Under the new tax regime, individuals with annual income up to Rs 7 lakh can avail a rebate under Section 87A, meaning they ...

Under the old tax regime, taxpayers can claim various deductions and exemptions, while the new tax regime does not offer much ...

The Union Budget 2025 has introduced some major changes to India’s income tax structure. If you’re a salaried employee or ...

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

For the unversed, the new income tax regime offers concessional tax rates in exchange for non-entitlement of most income tax deductions, such as section 80C, 80D and 80DD, among others.

If substantial past losses relate to now-disallowed deductions, switching to the new regime may forfeit their set-off. In ...

There is a marginal relief of up to Rs 22,222 under the new regime until the net taxable income reaches Rs 7,22,222. Marginal relief ensures that the excess tax liability is limited to the excess ...

Both the old and new tax regimes have advantages and disadvantages, but the New Personal Tax Regime is the best option for taxpayers making up to Rs. 12 lakhs per year since it provides a full refund ...

The new 2025-26 income tax regime, offering up to ₹12 lakh of tax-free income per year, presents opportunities for growth.

Union AMC CEO discusses potential impact of new tax regime on SIPs, advises on investment strategies for wealth creation.