FY2024-25

ITR Filing: Check income tax slab rates for FY 2024-25 (AY 2025-26) under old, new tax regimes

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ITR Filing: Check income tax slab rates for FY 2024-25 (AY 2025-26) under old, new tax regimes

The Income Tax filing deadline is just 46 days away from today, with the deadline being on July 31, 2024. Taxpayers should be ready to file their returns anytime now at the tax rates declared by the government. One should note that there are two types of tax regimes — Old Tax Regime and New Tax … Read more

Old Tax Regime vs New Tax Regime: Here’s guide on which tax system to choose if your salary is Rs 80,000

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Old Tax Regime vs New Tax Regime: Here’s guide on which tax system to choose if your salary is Rs 80,000

Since the Centre made the New Tax Regime the default tax system in 2023, there has been many reports on which tax system is better and what to choose. The government introduced a new tax regime, known as Section 115BAC, as an alternative to the old tax regime. This new regime was optional and started … Read more