From April 1, 2025, there is zero tax payable on the taxable income up to Rs 12 lakh. This will happen if an individual opts for the new tax regime for FY 2025-26. However, it may happen that your net ...

From salaried employees to freelancers, using an income tax calculator can turn tax filing from guesswork into informed planning.

With higher allowance thresholds and streamlined deductions, tax experts are of the view that there could be a potential advantage for income earners under the old tax regime as against the new tax ...

The issue was whether tax deferral can be claimed without exercising the option. It was held that filing Form 40 is mandatory ...

New draft income tax rules for 2026 are set to change how salaried employees are taxed. Calculations reveal significant ...