This means if you want to avail any of these exemptions, you must opt specifically for the old tax regime. Here, we list some ...

As Budget 2025 approaches, whispers of scrapping the old income tax regime have grown louder. Has the old regime lost its ...

Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favouring the new tax regime. The old regime, ...

Also, the return-filing process needs to be simplified for NRIs, who are facing several challenges as tax refunds are not ...

Salaried employees opting for the old tax regime for FY 2024-25 must submit investment proofs to claim exemptions and ...

India's Budget 2025 may potentially abolish the old tax regime. The new tax regime, default since 2020-21, offers simplified, ...

One should note that there have been no modifications to the income tax rules, slabs, and rates in the Old Tax Regime.

India currently offers two tax regimes: the old regime with higher tax rates and more exemptions, and the new regime with ...

Budget 2025 is likely to prioritise fiscal discipline, minor tax tweaks, and cautious consumption boosts over bold reforms.

Starting from 2024, the default tax-filing regime will be the New Tax Regime, which features a simplified process but limited ...

The DTC Bill in its original form in 2010 as well as in 2013 proposed a big-ticket overhaul in the taxation regime on the ...

The opposition Congress on Thursday called India's GST the world's worst such regime, accusing the government of being ...