Since the Kremlin ratcheted up control over the internet this year, Russians have been turning to increasingly convoluted technical solutio...

India's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contri...

Rising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...

A Reddit user shared his experience of expecting a strong appraisal after joining a company just before the review cycle, only to receive a...

A Redditor demonstrated significant income tax savings under the new regime by strategically restructuring their salary with components lik...

For FY 2024-25, the new tax regime is the default, impacting ITR filing. Switching to the old regime requires careful consideration, especi...

Ashish Singhal, co-founder of CoinSwitch, has questioned if India’s salaried class and startup workers are really using the new tax regime’...

Income tax regime for TDS on salary for FY 2024-25: Many employees have already informed their companies about their choice of tax regime f...

Old vs New Income Tax Regime 2024: New income tax slabs in new tax regime: The income tax slabs under the new tax regime has been changed i...

TDS on salary budget 2024: The income tax slabs are proposed to be changed in the new tax regime. This will reduce the amount of TDS on sal...

Change income tax regime: At the start of the financial year, an individual is required to select one tax regime - old or new- for deductin...

An individual taxpayer has an option to switch between new and old tax regimes every year. In order to be eligible to opt for the preferred...

Unless an individual specifies that he/she is opting for the old income tax regime, then the revised new income tax regime will be applicab...

If an individual is having income from business or profession for FY 2022-23 (AY 2023-24) and want to opt for or opt out of the new tax reg...

The income tax dept has issued a circular on April 5, 2023, clarifying how employers can deduct taxes on the salary payments made to an emp...

If someone wants to switch to the new tax regime for the financial year 2022-23, then filing of original income tax return by 31 July 2023 ...

Under the new regime proposed in the Budget, allowances such as HRA and LTA will be added to the income and taxed. Currently, these allowan...