Wed, Jul 24, 2024
Old vs New Tax Regime: The old tax regime provides deductions under Sections 80C, 80D, 80TTA of the Income Tax Act, 1961, while there are no such deductions available in the new tax regime.
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Sat, Jul 13, 2024
Income Tax Season: The last date to file the income tax return (ITR) is July 31, 2024. There are a number of taxpayers in salary brackets of Rs 10 lakh and above who are in confusion whether to choose the old or the new tax regime. Through expert calculations, know which of the options you may chose to get maximum tax benefits.
Sat, Feb 03, 2024
What to pick, the old or the new tax regime? This questions bothers a lot of taxpayers whether they are new or old. While selecting the right tax regime depends on your income bracket and tax deductions that you can avail under different sections of the Income Tax Act, it is always good to do some due diligence or take expert advice. In this write-up, we tell you what Bankbazaar.com CEO Adhil Shetty says about picking the suitable tax regime.
Mon, Jan 01, 2024
If you had mistakenly filed ITR in the new tax regime in 2023 and were not able to avail tax exemption, etc., can you switch to the old tax regime this year. Or, the new tax regime will become your default tax setting. Know what rules say and what options you have.
Mon, May 29, 2023
Tax-free income limit under new tax regime: The new tax regime introduced in India provides individuals with increased flexibility in optimizing their tax savings.
Thu, Feb 02, 2023
How much benefit did the common man get from the new tax regime in Budget 2023? How much tax relief did the common man get in Budget 2023? For which taxpayers is the old regime beneficial? For which taxpayers is the new tax regime beneficial? After the changes in tax system, now how should you do financial planning? New or old tax regime, which one you should opt? To know, watch this special show of Money Guru 'Budget 2023' with Swati Raina.
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