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How New Tax Regime changed the fortunes of India’s tax-saving mutual funds

ELSS funds were once the default tax-saving investment for salaried Indians. But as taxpayers migrate to the new tax regime,…

June 12, 2026 19:09 IST

In Budget 2025, the Centre gave a much-needed relief to the taxpayers by freeing income up to Rs 12.75 lakh from income tax, resulting in significant savings in tax for middle-class taxpayers.

How to maximise tax savings under the new tax regime: 5 practical ways

Ever since the new tax regime was introduced in FY 2020-21, many salaried taxpayers have one common complaint that they…

May 27, 2026 13:45 IST

Why many salaried Indians still don't feel richer despite lower taxes

Tax cuts vs real life: Why salaried taxpayers still feel no relief despite Rs 12 lakh tax-free income

Budget 2025’s Rs 2 lakh tax-free income promise under the new tax regime grabbed headlines, but months later, many salaried…

Updated: May 22, 2026 21:16 IST

Under the new regime, most traditional deductions and exemptions are not available.

Switched to the new tax regime? Deductions and exemptions you can no longer claim in FY 2026-27

Switched to the new tax regime for FY 2026-27? Check which deductions and exemptions like HRA, 80C, 80D and home…

May 20, 2026 18:12 IST

Rs 15.85 lakh annual salary, Rs 0 tax? Here’s how new tax regime makes it possible

A salaried individual earning Rs 15.85 lakh annually can reduce tax liability to zero under the new tax regime —…

April 14, 2026 19:18 IST

Old vs New Tax Regime in 2026: New rules change calculations — which saves more tax for you?

Old vs New Tax Regime in 2026: New rules change calculations — which option saves more now?

With new perquisite rules and higher rebates reshaping tax calculations, choosing between the old and new tax regime is no…

March 26, 2026 13:02 IST

Last chance to save tax for FY 2025-26: These 5 investments can quickly cut your tax

With the financial year ending soon, taxpayers still have a small window to reduce their tax burden. Here are five…

March 7, 2026 09:07 IST

Investing for tax benefits? Here's why it may cost you in the long run

Old vs New Tax Regime: Why investing for tax deductions alone can be risky for you in 2026

Many investors rush to buy tax-saving products under the old tax regime without checking whether those investments match their long-term…

March 2, 2026 17:19 IST

Relief for old tax regime taxpayers as draft income tax rules hint old system to continue

The draft income tax rules, which have been floated for comments from different stakeholders including the public, explain how the…

February 10, 2026 16:31 IST

Your income tax queries: Private sector employees need to pay tax on leave encashment

Leave encashment received on retirement is not taxable if it is a central/ state government or local authority employee.

January 30, 2026 20:04 IST

Budget 2026: Will the government finally scrap the old tax regime?

Budget 2026 to finally scrap old tax regime? Why experts feel it will further lose relevance

With Budget 2026 weeks away, speculation is growing over whether the government will scrap the old tax regime. As over…

January 13, 2026 20:46 IST

New Tax Regime twist: Rs 12 lakh annual income is not always tax-free – Know why

New tax regime (from FY 2025-26): Those with taxable income of Rs 12.75 lakh or less can get a tax…

August 15, 2025 07:53 IST

GST, GST collection, taxpayers, tax regime, monthly collection

India Inc backs GST after 8 years, but seeks clarity, better dispute resolution: Deloitte survey

India Inc’s confidence in GST has grown significantly over the past eight years, driven by simplified compliance and digitisation, said…

Updated: June 23, 2025 19:19 IST

Understanding Income Tax Regimes: Old vs New – A Complete Guide

In this article, we will dive deep into both tax regimes – Old Tax Regime and New Tax Regime. The…

June 5, 2025 06:23 IST

investment declaration, old tax regime, new tax regime, should you opt for new tax regime, old tax regime vs new tax regime, tax-saving instruments, who should opt for old tax regime, deductions and exemptions under the new tax regime, Section 80C, Section 80CCD(2), Section 80D, income tax slabs under old tax regime, rebate under Section 87A, standard deduction, HRA, LTA, income tax slab under the new tax regime, how to submit investment declaration.

Have you submitted your investment declaration thoughtfully for FY26?

If you do not choose the tax regime thoughtfully and state it in the investment declaration to the employer, higher…

Updated: April 26, 2025 09:04 IST

The simplified form is designed for individuals and entities who earned up to Rs 50 lakh during the recently concluded financial year.

ITR Filing FY 2024-25: Old vs New Tax Regime – Which one saves you more?

Under the new tax regime, individuals with annual income up to Rs 7 lakh can avail a rebate under Section…

Updated: May 25, 2025 21:07 IST

Filing ITR soon? Can you still pick a different tax regime?

Section 115BAC of the Income Tax Act lays down the tax slabs and rules applicable under the new tax regime.

Updated: May 25, 2025 21:11 IST

Tax, money, Income Tax Return, ITR, new tax regime, old tax regime

No business income? You can switch tax regimes: Your queries answered

A taxpayer can claim a deduction under Section 24(b) for interest paid on a home loan for a rented property,…

March 8, 2025 02:00 IST

new tax regime

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