Tag Archives: new tax regime

Income Tax Return e-filing: Can you keep switching between new and old tax regime every year? What taxpayers should know – Times of India

Income Tax Return e-filing: Can you keep switching between new and old tax regime every year? What taxpayers should know – Times of India

The new income tax regime offers lower tax rates and higher standard deduction compared to the old tax regime. (AI image) ITR filing FY 2024-25 (AY 2025-26): When filing your income tax return every year, the choice between the old and the new income tax regime is an important one. The new income tax regime offers lower tax rates and …

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Budget 2025: FM Sitharaman makes new income tax regime more attractive for salaried taxpayers – The Times of India

Budget 2025: FM Sitharaman makes new income tax regime more attractive for salaried taxpayers – The Times of India

Latest income tax slabs: The slab rates are easy to remember, slab changes with every block of 4 lakh and corresponding tax rates changes 5% up to six blocks By Anand DheliaAs a common man of India, I would like to compliment and thank Hon’ble Finance Minister (FM) for being considerate towards the middle class and salaried taxpayers who generally …

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Income Tax Return Filing: Which salaried employees need to submit investment proofs to cut tax outgo? – Times of India

Income Tax Return Filing: Which salaried employees need to submit investment proofs to cut tax outgo? – Times of India

The Income Tax Act, 1961’s old tax regime provides various tax exemptions and deductions. (AI image) Income Tax Filing FY 2024-25: Employers are currently requesting salaried employees to provide documentation of tax-saving investments and expenses if they wish to reduce their tax liability. These documents are essential to prevent complete tax deduction at source (TDS) from the salary. Most employees …

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