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Many taxpayers find that the old tax regime is more flexible, particularly regarding deductions and exemptions.
From a slew of deductions in the old regime to some surprising ones in the new regime, here is a look at your options for ...
A taxpayer can switch to the old income tax regime while filing the Income Tax Return (ITR), subject to certain conditions ...
A breakdown of deductions, exemptions, savings under the old and new systems will help you manage your finances ...
The financial year 2024-25 is over and the process of filing Income Tax Returns (ITR) has started. This year, the last date ...
The 810th Brigade, which is operating in Syria, located and destroyed the headquarters of the old regime's unit that oversaw ...
You should opt for the old tax regime if you want to claim deductions and exemptions for house rent allowance.
When you file income tax regime, you should keep few things in mind such as the deductions you want to claim, exemption for ...
At the time of filing income tax return, taxpayers are supposed to be aware of different provisons which apply to the new tax ...
The new tax regime is now the default option. If you wish to continue with the old tax regime, you must inform your employer.
The new tax regime also offers a higher standard deduction. Last year, it was raised from Rs 50,000 to Rs 75,000 for salaried ...