Income Tax Calculator – New or old regime which save your tax, check in 60 seconds
From 2021 there are 2 slabs in Income tax Old and New. We called them Old Regime and New Regime, …
OLD TAX REGIME
Deadline to choose between old and new tax regime?
In India, there technically isn’t a strict deadline to choose a specific tax regime for salaried individuals for the FY …
How to restructure your CTC under old and new tax regime for maximum benefit
Restructuring one’s salary has gained more prominence as employers are offering flexible packages now. This enables employees to rationalise each …
Hidden Deductions Allowed under New Tax Regime – you should know to save tax
While many individuals are aware that various tax concessions cease upon opting for the new tax regime, it’s important to …
Ministry of Finance Clarified applicability of new & old tax regime
It has come to notice that misleading information related to new tax regime is being spread on some social media …
Choosing New Tax Regime in FY 2024-25? Here are the deductions that are allowed under new structure
It should be noted that the adoption of New Tax Regime comes with certain restrictions. Like, exemption claims associated with …
New Income Tax Rates from 1 April 2024
New FY 2024-25 is starting from 1 April and it is very important to know the income tax slab rates …
Income tax allowances, deductions allowed for individuals in old tax regime
India’s personal tax system has two ‘regimes’: Old and new. The new tax regime does not have most of the …
Understanding Marginal Relief in the New Tax Regime
In Budget 2023 various benefits are given under the new tax regime, Like New tax regime is default regime, Zero …
85% taxpayers opt for old regime, 55% fully utilise 80C benefit: survey
Only 15% of India’s taxpayers chose the new tax regime, showed the findings of a survey by Clear, an online …
