How Often Can You Switch Between Old and New Tax Regimes? Rules for FY 2025-26 How Often Can You Switch Between Old and New Tax Regimes? Rules for FY 2025-26 The Indian Income Tax system provides taxpayers the flexibility to choose between the Old Tax Regime and the New Tax Regime based on their financial … Read more
New Tax Regime The New Tax Regime introduced under Section 115BAC of the Income Tax Act aims to simplify tax compliance by offering lower tax rates without most of the common exemptions and deductions available in the Old Tax Regime. New Tax Regime However, the misconception that no deductions are allowed under the new regime … Read more
New Income Tax Rules for FY 2025-26: Know All Rates, Slabs, Deductions,and More New Income Tax Rules With the beginning of the new financial year on April 1, 2025, several changes in income tax rules have come into effect. Budget 2025 introduced revised tax slabs, new deductions, updated TDS limits, and various exemptions aimed at … Read more
Income Tax Basics for Beginners Income Tax Basics for Beginners Paying income tax for the first time is a significant milestone in any individual’s financial journey. However, the process can seem complicated and overwhelming, especially with the technical jargon and numerous tax provisions. But don’t worry—we are here to simplify it for you! Whether you … Read more
Income Tax Return (ITR) 2025-26 Income Tax Return (ITR) 2025-26 Filing your Income Tax Return (ITR) is a crucial financial responsibility that ensures compliance with tax laws and provides numerous benefits such as easier loan approvals, visa processing, and smooth financial transactions. Income Tax Return (ITR) 2025-26 With the financial year 2024-25 nearing its end, … Read more
