Opted For New Tax Regime? Know Why It Is A Good Idea To Still Invest In THESE 5 Instruments
One of the stark differences between New Tax Regime and Old Tax Regime is that the tax slabs and rates are different. Additionally, various deductions and exemptions are allowed in Old tax regime, which is not applicable in New Tax Regime. The new regime offers lower rates of taxes but permits limited deductions and exemptions. Despite these limitations, it is a good idea to invest in a few savings instruments. Know the reasons and benefits.
Aug 20, 2025, 13:22 PM IST
New Income Tax Bill 2025 To Be Effective From 1 April 2026: 16 Major Changes You Need To Know
The New Income Tax Bill 2025 will come into force from April 1, 2026. It will replace the Income Tax Act, 1961, in operation since April 1, 1962.
Aug 12, 2025, 09:13 AM IST
ITR Filing 2025: Selected New Tax Regime? Check Slab-Wise Tax Rates If Your Income Exceeds Rs 12 Lakh
Salaried employees or pensioners without business income can change their tax regime at any time prior to filing their ITR every year by simply selecting the relevant option on the ITR-1 or ITR-2 form.
Aug 04, 2025, 08:06 AM IST
New vs Old Tax Regime: Key Rules And Deductions You Must Know Before Filing ITR 2025
Before choosing a regime, consider your income, pay structure, and tax-saving investments. Salaried individuals with minimal deductions may benefit from the new regime.
Aug 03, 2025, 16:37 PM IST
ITR Filing 2025: Sticking To Old Tax Regime? Know Why September 15 Deadline Is Crucial For You ---EXPLAINED
If you have chosen old tax regime, you need to be mindful of the deadline and the fallout in the event of missing those.
Jul 31, 2025, 17:15 PM IST
ITR Filing 2025: Salaried Individuals Can't Claim Tax Rebate for THESE 7 Deductions --Check List
INCOME TAX FILING 2025: If you choose the new tax regime, you would not be able to claim the following 7 major deductions, check them out.
Jun 26, 2025, 09:52 AM IST
Can You Claim Tax Exemption On Home Loan Under The New Tax Regime? What Role HRA Plays In New Tax Regime? EXPLAINED
Old Tax Regime Vs New Tax Regime: The new tax regime under Section 115BAC of the Income Tax Act offers lower tax rates in exchange for giving up most exemptions and deductions.
Jun 20, 2025, 15:38 PM IST
Chosen New Tax Regime For AY 2025-26? Changes In ITR 1 Sahaj Salaried Persons Should Know
CBDT has announced several changes in the ITR forms this including that in ITR-1 (SAHAJ) and ITR-4. Here are 6 Changes regarding ITR-1 (SAHAJ) that salaried individuals should know.
May 05, 2025, 10:39 AM IST
Earning Over Rs 1 Lakh From FDs? Here’s How Retirees Can Avoid TDS Under New Regime
May 04, 2025, 11:40 AM IST
Old Vs New Tax Regime: I Have Chosen Old Tax Regime In My Office Investment Declaration For Current Fiscal, Can I Choose New Tax Regime While Filing ITR?
Are you planning to shift from old to new tax regime during actual ITR filing this fiscal? keep the following things in mind.
Apr 28, 2025, 10:19 AM IST
ITR Filing For FY 2024-25: Can Taxpayers Still Switch Between Old And New Tax Regimes? Check Deadlines For Salaried Employees
ITR Filing For FY 2024-25: The Income Tax Act allows individuals to switch between the old and new tax regimes while filing their ITR.
Apr 20, 2025, 07:05 AM IST
Which ITR Form Is Right For Senior Citizens In FY 2024-25? Check Income Tax Slabs Under New Tax Regime
ITR Forms 2025-26 For Senior Citizens: Adding further, many senior citizens mistakenly assume that filing returns isn't necessary if tax is already deducted at source (TDS) on their income. However, this is incorrect.
Apr 12, 2025, 19:05 PM IST
ITR Filing 2025: How Often Can You Switch Between New And Old Tax Regimes? Check
You can switch between the old and new tax regimes every year if your income comes from salary, interest, or rent (non-business income).
Mar 09, 2025, 21:09 PM IST
New Tax Regime Vs Old Tax Regime -- Is Old Regime Still Beneficial For Those Earning Above Rs 12.75 Lakh Yearly? Expert Explains
Here’s a table showing a comparison of old vs new regime with the income level and deductions. If you have deductions more than Rs 7,75,000, then you can file return under old regime, explains Cleartax.
Feb 14, 2025, 10:05 AM IST
Union Budget 2025: India Inc Should Match Pace And Intent Of Govt, Says SBI Report
According to the report, the fiscal deficit as per cent of GDP may come at 4.5 per cent in FY26 (Rs 15.9 lakh crore) that looks like the new normal in a world of uncertainties, offering flexibility in tinkering the glide path a little to romp up inclusive growth.
Jan 25, 2025, 14:54 PM IST
ITR Filing 2024: 7.28 Cr ITRs Filed Till July 31; How Many Taxpayers Chose New Tax Regime? Check
The deadline to file ITRs for AY 2024-25 was 31 July 2024.
Aug 02, 2024, 15:28 PM IST
Choosing Between Old And New Income Tax Regimes? 5 Things To Consider
Here are 5 things to consider if you are stuck between the dilemma of chosing between new and old tax regime.
Aug 01, 2024, 16:43 PM IST
Budget Has Given New Incentives To Taxpayers For Filing Tax Returns Under The New Tax Regime
The budget has also tweaked tax slabs and tax rates in favor of taxpayers and pensioners who opt for the new tax regime.
Jul 24, 2024, 15:19 PM IST
Budget 2024: Rebate Under Section 87A Decreases By Rs 5K As Tax Structure Under New Tax Regime Revised -- Understanding The Math
After the revised tax structure under the New Tax Regime, the refund received has been decreased by Rs 5,000 due to latest proposed tax slabs. Continue reading to find out how the change in tax slab has affected your rebate.
Jul 24, 2024, 14:26 PM IST
Budget 2024: Has The Budget Failed To Address Concerns Of Middle-Class? Explained
Budget 2024: There has been no revision in the tax rate in the old tax regime, section 80C benefits have remained at the same level for the last 10 years and people know that the new tax regime is like an eyewash.
Jul 24, 2024, 09:39 AM IST