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TAX REGIME COMPARISON
Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
Bengaluru techie with Rs 18 lakh salary paying Rs 25,000 per month to wife as house rent to save tax, sparks debate onlineA Bengaluru IT employee's clever tax-saving plan is causing a stir online. He pays rent to his wife for a home she owns, aiming to reduce h...
₹50 lakh to ₹1.4 crore: How extending your PPF can add lakhs to your corpus and who should do itPPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government backing and tax benefits remain att...
Buying vs renting a home: ₹1 crore home today or ₹6 crore corpus after 20 years - how the strategy of renting and investing may beat buying a house in IndiaBuying a home in Indian metros is an emotional decision, but financial realities are shifting. Renting and investing the difference between...
India’s new safe harbour rules create fresh tax dilemma for multinationals, GCCsMultinationals in India are reassessing their tax strategies. A new safe harbour regime offers lower margins for IT and ITeS services. Comp...
Old vs new tax regime: Key differences that you must know before ITR filing for tax year 2026-27The new tax regime offers lower rates but removes many deductions, making a thorough comparison with the old regime crucial. While both reg...
India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
Income Tax Calculator 2026: Compare your income tax liability on Rs 15L, Rs 20L, Rs 30L and Rs 50L CTC under new vs old tax regimeThe Income Tax Rules, 2026 introduce significant benefits for salaried employees, including expanded HRA and meal card tax advantages. Thes...
Meal card tax benefit: Do you get it under the new tax regime?New Income-Tax Rules have clarified meal voucher benefits. The tax-free limit for employer-provided meal vouchers has increased to Rs 200 p...
Income Tax Act 2025: New rules to kick in from April; why you should recalculate before deciding between old and new tax regimesWith the overhauled Income Tax Act taking effect from 1 April, taxpayers must prepare for new rules—and the renewed old vs new tax regime d...
Higher HRA, bigger deductions? Why the old tax regime may work only for select salaried taxpayersNew draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may find the old re...
HRA vs housing loan; which one saves you more income tax after Budget 2026?Let us understand which out of HRA and home loan can save you more tax after Budget 2026. House Rent Allowance (HRA) is a tax break which s...
Know which tax regime saves more tax for you after Budget 2026: Break-even point will help you choose a better regimeTaxpayers can now assess the break-even points for the old and new tax regimes. The Union Budget 2026 has confirmed both systems will conti...
High salary, higher tax risk: How HRA still tilts the old vs new regime decisionMost Indians now prefer the new tax regime for its simplicity and higher in-hand pay. Those sticking to the old regime need careful tax pla...
Retiring soon? These tax changes will directly effect your income and savings
JioFinance app offers paid tax filing facilityJio Financial Services (JFSL) has introduced a tax planning and filing module on its JioFinance App, developed in collaboration with TaxBud...
Make the best of income tax gains: Revise your salary structure for better tax saving and simpler tax filingThis can be done by eliminating the deductible allowances, such as House Rent Allowance (HRA), Leave Travel Allowance (LTA) under the old r...
New tax regime tax calculator: Income Tax dept launches tax calculator to help taxpayers calculate their tax savingsThe Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the newly default New ...
Latest income tax slab rates under new tax regime and old tax regime: A comparison
Comparison of new income tax regime with old tax regimeThe new tax regime effective from April 1, 2020, co-exists with the old/existing tax regime. The new tax regime offers lower, concessional ...