Proposed 2026 Income Tax Rules could significantly benefit salaried individuals under the old tax regime. Key changes include expanded HRA exemptions for cities like Bengaluru and Hyderabad, ...

New draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may find the old regime more beneficial if they can utilise exemptions like ...

Many types of income in India are completely exempt from tax under the Income-tax Act, provided certain conditions are met.

While the Income Tax Act 2025 replaces the existing six-decade-old Income Tax Act, 1961, taxpayers are unlikely to see any immediate changes in tax slabs or rates.

If you are in the old tax regime and have not yet completed your tax-saving investments for the current financial year, you ...

The Draft Income Tax Rules 2026 propose a significant overhaul of tax-exempt allowances for salaried individuals, potentially ...

Corporate tax collections are decelerating as companies stay in the old tax regime to take advantage of various incentives ...

Contribution to the NPS remains one of the few tax-saving options available under both the old and the new tax regimes, though the benefits are higher in the old regime.

For salaried professionals without significant tax-saving investments or housing rent exposure, the new regime represents both simplicity and fiscal efficiency ...

New tax regime is attractive as marginal relief under which the final tax payable shall not exceed the amount by which total ...

The new Income Tax Act will come into force from 1 April 2026. Experts suggest that the new rules will be beneficial to ...