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, ...
Taxpayers who have opted for the old tax regime and are yet to complete their tax-saving investments for the current ...
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Higher HRA, bigger deductions? Why the old tax regime may work only for select salaried taxpayers
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.
Changes to your salary components will depend on your income, organization profile and industry, though most companies aim to keep take-home pay broadly unchanged.
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.
The Draft Income Tax Rules 2026 propose a significant overhaul of tax-exempt allowances for salaried individuals, potentially ...
Several income tax changes will take effect from April 1, 2026, including new ITR filing deadlines, higher STT rates, an ...
The Maharashtra Legislative Assembly on Wednesday unanimously passed an amendment Bill that seeks to curb rising air ...
The simpler Income Tax Act comes into effect this April, bringing in new forms and rules. here is what it means for individual taxpayers.
If you are in the old tax regime and have not yet completed your tax-saving investments for the current financial year, you ...
For salaried professionals without significant tax-saving investments or housing rent exposure, the new regime represents both simplicity and fiscal efficiency ...
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