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

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

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, ...

Although the typical deductions for investment in the tax-saving instruments such as PPF, ELSS, KVP and NSC, have been phased ...

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

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

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

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

In a note to the Finance Minister, the industry body highlighted that corporate tax rates have decreased over the years, ...

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

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