Income Tax : Income may become tax-free under the new tax regime because of the standard deduction and Section 87A rebate, but ITR filing may s...
Income Tax : This guide compares the Old and New Tax Regimes, explaining differences in deductions, exemptions, home loan benefits, and standar...
Income Tax : Old Regime vs New Regime for Salaried Employees in FY 2026-27: A CA’s Optimisation Checklist The article explains that no ch...
Income Tax : Despite withdrawal of many tax benefits under Section 115BAC, official duty-related allowances remain exempt to the extent of actu...
Income Tax : The article explains that HRA exemption is unavailable under the new tax regime, which is why the HRA field may not appear in the ...
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Tax : The ITAT Pune held that the option exercised under Section 115BAC continues for subsequent years unless it is withdrawn or becomes...
Income Tax : ITAT held that once Form 10IE is validly exercised and not withdrawn, it continues for later years. AO was directed to grant Secti...
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...
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.
Check the updated tax slabs for FY 2025-26. Know the new tax rates, rebate changes, exemption limits, and comparison with the old tax regime.
Compare India’s old and new tax regimes. Learn about tax slabs, deductions, and which option suits your income and investment habits best.
