Finance Minister Nirmala Sitharaman has dashed the hopes of salaried employees who opt for the old tax regime. No hike has ...

Budget 2025: FM Nirmala Sitharaman is gearing up to present the Union Budget 2025 on February 1, 2025, six months after unveiling the full budget of the Modi 3.0 regime. Taxpayers are eagerly awaiting ...

With the introduction of the new tax regime, several deductions/exemptions under the Income Tax Act, 1961 have lost much of ...

As the Budget 2026 approaches, both taxpayers and financial professionals are already speculating about the impending changes ...

ELSS allows up to Rs 1.5 lakh tax deduction under Section 80C of the Income Tax Act, with a three-year lock-in. Switching ...

Section 80CCD allows taxpayers to claim deductions on amounts they contribute to government-backed pension schemes such as ...

Taxpayers now face a critical decision between old and new tax regimes, impacting their tax liability significantly. This ...

It seems doubtful that any further significant relief for small and middle-class taxpayers would be provided this year, as ...

Factors like age, health affect costs. Tax benefits under 80C/10(10D), MWP Act, riders. Compare CSR, solvency ratio for family protection.