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
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 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
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
ITR Filing 2024: Missing July 31 Deadline Will Automatically Shift You To New Tax Regime --Check Details
ITR Filing 2024: Missing the deadline has more than just a 'penalty' consequence, it might actually shift your tax-regime preferances. Check details.
Jul 04, 2024, 16:54 PM IST
New Tax Rules From April 1: Did You Know About Basic Exemption Limit? Check Here
As we all know the new tax regime is coming to effect from April 1, 2024. What are the changes going to take place under the new regime? Find out here.
Mar 30, 2024, 08:21 AM IST
New Tax Regime: Consider These Deductions For Optimal Savings
Despite fewer deductions, certain allowances and exemptions remain available under the new tax regime. These are mentioned below.
Mar 23, 2024, 14:03 PM IST
New vs Old Income Tax Regime: Why Taxpayers Must Choose Regime In April
The tax system cannot be altered during the fiscal year after it has been finalised.
Apr 14, 2023, 10:26 AM IST
Union Budget 2023: Know What New Tax Rules Are Applicable From Today
From April 1, the new tax rule will be applicable from today. Along with this, many new rules related to Income Tax (Income Tax Rule Changes) will also be implemented.
Apr 01, 2023, 09:42 AM IST