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

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

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

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

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

Even in the New Tax Regime, where most deductions are removed, some investments and incomes remain completely tax-exempt ...

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

Starting April 22, 2025, a 1% TCS will apply on luxury goods above ₹10 lakh, including items like yachts and designer handbags. This aims to enhance tax transparency and monitor high-value purchases.

They highlighted frequent GST regime changes, erratic tractor loaning and provincial subsidy schemes, commodity support ...

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 ...

Concerns about economic competitiveness and Canadian sovereignty have dragged carbon taxes to the forefront of the federal election campaign as Canada’s political leaders scramble to respond to the ...

Congress Working Committee meeting is underway in wake of Pahalgam terror attack in Delhi on April 24. Congress president ...