📢 How to Calculate Your Income Tax for AY 2025–26: A Real Example with Table Income Tax season is here, and many people get confused about how to calculate their total taxable income and final tax payable. In this blog, let’s understand the complete step-by-step tax computation for AY 2025–26 (FY 2024–25) using a real-life … Read more
Why Your Income Tax Refund Hasn’t Come Yet? | 7 Common Reasons & Solutions Story Time: Ramesh, a salaried employee in Mumbai, was excited. He had filed his Income Tax Return (ITR) for AY 2025-26 well before the deadline and was expecting a ₹12,000 refund. Days passed, then weeks—but no refund. Confused and worried, Ramesh … Read more
ITR Due Date Extended from 31st July to 15th September: What It Means for You What Is the New ITR Due Date? The Income Tax Department has announced that the due date for filing ITR for the financial year 2024–2025 (assessment year 2025–2026) has been extended from: 📆 31st July 2025 ➜ 15th … Read more
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
