Like every year, for AY 2025-26, taxpayers must choose between the new and old income tax regimes when filing ITR. The new ...

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 ...

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

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

The government has announced that the implementation of the new tax laws will commence on 1 January 2026, giving stakeholders ...

So, after they opt out of new tax regime, they will have only one chance to switch to new regime. And once they switch back to the new regime, they won’t be able to choose old tax regime anytime ...

The Income Tax Department has introduced major changes in ITR-1 and ITR-4 filing this year, especially for those opting for ...

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

The Finance Act, 2025 has been passed by the National Assembly. This Act has introduced some major changes and innovations in ...

Tax calculator can take the guessing out of completing your return, saving you time, reducing errors, and making your ...