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

As the financial year 2025-26 begins, taxpayers must choose between the two income tax regimes when they file their income ...

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

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

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

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

With the beginning of Financial Year 2024-25, a major change in income tax rules has stirred confusion among taxpayers. The ...

Old tax regime, however, still offers taxpayers a range of options to save taxes through various eligible deductions and ...

Our panel of experts answers questions related to any aspect of personal finance. If you have a query, mail it to us right ...

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 ...

Under current rules, salaried taxpayers must inform their employers of their choice between the old and new tax regimes at ...

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