If you are thinking about e-filing your Income Tax Regime (ITR) for the assessment year 2025-26, the choice of the income tax ...

The Union Budget 2025–26 has introduced a notable increase in the basic income tax exemption limit and has redrawn the ...

If you’re a salaried employee with no business or professional income, you have the flexibility to choose the tax regime ...

The new tax regime applicable for the Financial Year 2025-26 allows a tax-free income of Rs 12,75,000 for salaried-class ...

The new regime eliminates most exemptions — such as Sections 80C, 80D, HRA, and LTA — but compensates with reduced tax slabs.

Individuals can still switch between the two tax regimes at the time of filing their returns, with key differences based on ...

Tax deductions for interest paid on loans play a significant role in personal tax planning, offering relief by reducing ...