Income Tax : The issue is whether high-income earners can reduce tax liability under the old regime. The analysis shows that structured allowan...
Income Tax : Key mistakes taxpayers should avoid when choosing between old and new tax regimes for FY 2026-27, including deductions, deadlines,...
Income Tax : The Income-tax Act 2025 introduces the new tax regime as the default taxation method for individuals and certain entities. Taxpaye...
Income Tax : The article analyses whether lower tax rates under Section 115BAC outweigh the loss of deductions, examining legal validity and fi...
Income Tax : Learn how Section 87A rebate works with LTCG u/s 112A under the new tax regime for FY 2025–26. Eligibility, limits, and tax calc...
Income Tax : The Government confirms a higher rebate under the new tax regime, ensuring no tax up to ₹12 lakh and outlining revised slabs eff...
Income Tax : Union Budget 2025-26 introduces tax relief with no income tax up to Rs. 12 lakh, benefiting middle-class taxpayers and boosting co...
Income Tax : The Tribunal held that a one-day delay in filing Form 10IE for an earlier year cannot defeat the assessee’s right to be taxed un...
Income Tax : Read the full text of the ITAT Pune order in Akshay Devendra Birari Vs DCIT regarding the allowance of benefits under the new inco...
Know how to file Form 10-IEA for FY 2024-25 to opt out of default new tax regime and choose old regime if you have business or professional income.
A comprehensive guide to filing ITR 4 (Sugam) for FY 2024-25, covering applicability, new tax regime’s impact, required documents, and step-by-step online filing instructions.
The Income Tax Return (ITR) filing season for Assessment Year 2025–26 has started, and there are some important changes you should know—especially if you’re following the old tax regime. This year, the ITR forms include new disclosure requirements that ask for more details about your income, assets, and other financial information. These changes aim to […]
Understand India’s income tax slabs for FY 2024-25 (AY 2025-26). Compare Old and New Tax Regimes, including tax rates, deductions, rebates, and other key differences for individuals.
Compare India’s old and new tax regimes for FY 2025-26. Find the break-even point based on deductions to choose the best option.
Compare the old and new tax regimes for FY 2025-26 to find out which one suits your financial situation, with details on exemptions, deductions, and tax slabs.
Deduction under Section 80CCD(2) is allowed in the 115BAC regime for employer NPS contributions, with limits based on type of employment.
Compare STCG and LTCG under the new regime FY24-25. Learn about tax rate changes, holding periods, thresholds, and set-off rules for listed equities and mutual funds.
Compare the old and new tax regimes, rates, exemptions, deductions, and more for FY 2025-26. Choose the best option based on your financial situation.
Compare the breakeven tax liabilities between the old and new tax regimes for FY 2024-25 and understand when each regime is more favorable.
