How to switch to the Old Tax Regime if your company opted for the New Tax Regime; check details

How to switch to the Old Tax Regime if your company opted for the New Tax Regime; check details

Old Tax Regime vs New Ta Regime: Taxpayers often find themselves in a quandary when it comes to selecting the most suitable income tax regime. The Income Tax Department allows individuals to choose their preferred income tax regime for a particular financial year, with the frequency of switches permitted based on one’s profession or specific criteria … Read more

ITR 2024: Can you flip your tax regime at this time of the financial year? Here are top points to note

ITR 2024: Can you flip your tax regime at this time of the financial year? Here are top points to note

Income Tax returns: With the two tax regimes — New Tax Regime and Old Tax Regime — in play, the taxpayers now have the power to choose the suitable tax regime every year to control the tax outgo. Union Finance Minister Nirmala Sitharaman, in an effort to enhance the attractiveness of the New Tax Regime … Read more