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

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

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

If substantial past losses relate to now-disallowed deductions, switching to the new regime may forfeit their set-off. In ...

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

The new financial year FY26 has kicked off, and taxpayers are meant to file their income tax returns under one of the two regimes. Mint deconstructs the key points to be considered before choosing ...

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

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 ...

When it comes to filing taxes in India, choosing between the old and new tax regimes can be a complex decision. Both offer ...

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

With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...

The new tax regime will have new income tax slabs from FY 2025-26. Many salaried employees hesitated to switch to the new tax ...