For those with high home loan interest payments on self-occupied properties, the old tax regime may still be beneficial due to the deductions it offers. However, if your focus is on simplicity and lower tax rates with fewer deductions, the …
The CBDT typically issues a circular on TDS from salaries for employers after the Finance Bill receives the President’s assent and is notified. The July 2024 Budget introduced significant changes to the income tax laws under the new tax regime, …
The new tax regime was introduced in Budget 2020 to simplify tax calculations and offer concessional tax rates. As the deadline for filing your Income Tax Returns (ITR) approaches, it’s crucial to decide whether to stick with the old tax …