Since its introduction, the slabs have been tweaked two times, and are likely to be tweaked again on February 1.

No official plans exist to abolish the old tax regime, but discussions continue. While the new tax structure offers lower ...

The July 2024 budget was marked by sweeping tax reforms, including rationalisation of the capital gains tax regime, relief ...

A proposed solution is to implement a unified tax system, which combines the advantages of both the old and new tax regimes, ...

Among these zero-tax return filers, a majority may have switched to the New Tax Regime. This indicates that the majority of ...

To save taxes under the old income tax regime, individuals can invest up to ₹1.5 lakh in specified instruments under Section ...

Unlikely, says tax experts, as a section of tax-payers does benefit from this tax structure. However, it might not be ...

Some popular choices include life insurance premiums, Employee Provident Fund (EPF) contributions, Public Provident Fund (PPF ...

With the Union Budget 2025 on the horizon, taxpayers under the Old Tax Regime are eagerly anticipating long-overdue relief.

Calculating your taxable income is a crucial part of the tax filing process-it gives you knowledge of the various exemptions ...

As is the case every year, the expectations from Budget 2025 are very high. Taxpayers are facing an inflation rate that is ...

Will merging the old and new tax regimes offer the best of both worlds for taxpayers? Experts weigh in on whether a unified system could simplify compliance or introduce new challenges.