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

A basic understanding of income tax slabs and how they change with every Union Budget can help you plan your finances better.

The attractiveness of the new tax regime has increased due to a hike in tax rebate under Section 87A and new income tax slabs ...

Confused between the old and new tax regimes for FY 2024-25? Understand key differences like tax slabs, deductions and ...

After successfully filling out the income-tax return, the next step is to verify it. If a return is filed but not verified ...

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

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

As the new assessment year 2025-26 gets underway, people across the country especially salaried taxpayers are preparing to ...

Let's say you had earlier chosen the old tax regime, but now the new regime appears more beneficial after reviewing your ...

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 ...