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Tax Saving Tips:&nbsp;There are two tax regimes under which to file your income tax return since the new tax regime was launched in the 2020 budget. When it was launched, you could choose between the old and new tax regimes, but after Budget 2023, the new tax regime has become a default option. This means, as a new taxpayer, your income tax will be filed under the new tax regime automatically.

Tax Saving Tips: 7 ways you can save your money under new tax regime

Budget 2024: No change in taxation proposed — Check Old Tax Regime and New Tax Regime Income Tax Slabs

Budget 2024: Taxpayers took some time to warm up to the New Tax Regime when it was first announced in 2020. The Finance Minister announced some more changes to in it the last Budget to make it all the more appealing for taxpayers, especially the young salaried class. So, find out where the New Tax Regime now scores over the Old one.

Budget 2024: Time For A Regime Change! Why Opting For The New Tax Regime Makes Sense

The report indicates a shift in investment mindset, with 62 per cent of respondents in the age bracket of 18 to 30 years choosing the Old Tax Regime, citing long-term investments as the reason.

Old Tax Regime clear winner, preferred by 63% taxpayers who prioritize long-term investments, tax-saving: Survey

Old vs New Tax Regime:&nbsp;The month of April is considered crucial as employees have to make sure that they choose the right income tax regime for maximum saving

Old vs New Tax Regime: How to decide which is good for you

If you have not yet chosen the tax regime for yourself, then do so because now the new tax regime will be considered as the default regime. In such a situation, today on Money Guru, know which tax regime can help you save more tax? Old Vs New Tax Regime - Which is better?

Money Guru: Old Vs New Tax Regime - Which Tax Regime Can Help You Save More Tax? 

Income Tax: If the taxpayer comes under the limit of a tax rebate, he/she will get the whole tax amount back at the end of the fiscal year by claiming the benefit of the rebate under section 87A.&nbsp;

Here is how to claim rebate under Section 87A of Income-tax Act

Income Tax, Default Tax Regime: Employers will have to take ascent from their employees regarding their choice&nbsp;to opt for new tax regime or the old tax regime.

Income Tax: What happens if employee fails to pick between new and old tax regime? CBDT notification instructs employers how to deduct tax in such cases

The tax rates which a taxpayer needs to pay on their income and income from other sources will be changing from April 1st, 2023. In Budget 2023, Finance Minister Nirmala Sitharaman announced key major changes for hard-working middle-class citizens who pay taxes.

Old vs New Tax Regime: Here's what taxpayers need to know

There is no timeline to remove the old tax regime&nbsp;Revenue Secretary Sanjay Malhotra has said. He said that 50-60 per cent of the tax payers may switch to the new tax regime

No timeline to remove old tax regime, Revenue Secretary Sanjay Malhotra says

Nitin Gupta, Chairperson, CBDT and Vivek Johri Chairman, CBIC talks about the changes in the tax slabs, how the restructuring of tax regimes can benefit the masses, and the impact of inflation on GST collection.

Union Budget 2023: CBDT and CBIC chairman on Income Tax Slabs and GST collection

Budget 2023:&nbsp;In 2020, the government proposed a new tax regime for taxpayers.

Old Income Tax Regime Vs New: How are both different?

Finance minister Nirmala sitaraman said that there is no timeline for phasing out exemptions on personal income tax in old regime.&nbsp;

Income tax exemptions: No timeline yet for phasing them out, says FM Nirmala Sitharaman

old-tax-regime

The I-T department suggests you choose the appropriate tax regime based on your income and tax liability. There are two tax regimes- the old tax regime and the new tax regime. You can choose any of them. The government introduced the new tax regime in the Union Budget of February 2020. 

ITR Filing 2026: Income Tax Department shares tips to follow before filing your ITR

Only salaried taxpayers get a chance to change their tax regime every year. For business individuals and professional income, taxpayers can change their tax regime only once in a lifetime.

ITR 2026 Explained: Employer selected new tax regime by default? Know if you can change it while filing the income tax return

Taxpayers filing income tax returns for AY 2026-27 can claim various deductions and exemptions depending on the tax regime they choose. Here's the complete list of tax benefits available under the old and new tax regimes.

ITR filing AY 2026-27: Complete list of deductions and exemptions available under old and new tax regimes

EPF withdrawal before completing 5 years of service may attract TDS if the amount exceeds Rs 50,000. However, eligible taxpayers with nil tax liability can avoid deduction by submitting Form 121 before filing the claim. This video explains who can use Form 121, income limits under old and new tax regimes, PAN rules, and the key EPF withdrawal conditions every salaried employee should know before withdrawing provident fund money.

EPF Withdrawal Before 5 Years? Know These Rules To Avoid Extra TDS Deduction










Old vs New Tax Regime FY27: Confused between the old and new tax regimes in FY27? Here’s which option may help salaried employees save more tax based on income, deductions and investments.









Old vs New Tax Regime FY27: Which one offers more tax benefits for salaried employees?

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Old Tax Regime

Tax Saving Tips: 7 ways you can save your money under new tax regime

Budget 2024: No change in taxation proposed — Check Old Tax Regime and New Tax Regime Income Tax Slabs

Budget 2024: Time For A Regime Change! Why Opting For The New Tax Regime Makes Sense

Old Tax Regime clear winner, preferred by 63% taxpayers who prioritize long-term investments, tax-saving: Survey

Old vs New Tax Regime: How to decide which is good for you

Money Guru: Old Vs New Tax Regime - Which Tax Regime Can Help You Save More Tax?

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