Live Breaking News & Updates on New Income Tax Regime

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New income tax regime vs old tax regime: Which should you pick? Deductions you claim are important

India Business News: New versus old tax regime: When determining the tax regime for TDS on salary, taxpayers typically use estimated figures for gross total income and pro ....

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How to claim Leave Travel Allowance: Know eligibility, LTA rules, documents required and other key details | Business

Financial Literacy News: Employees opting for the old tax regime should be aware of the various exemptions and deductions that they can claim to reduce their tax. Leave Travel Allowance (LTA) is one such benefit. If it's included in their salary or cost-to-company (CTC), employees can claim it. ....

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'No new change coming in': Finance ministry clears confusion over new tax regime in 6-point note

New tax regime is the default tax regime, however, tax payers can choose the tax regime (old or new) that they think is beneficial to them.
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Centre Rejects Reports Of Change In New Income Tax Regime From April 1

The finance ministry on Monday said there is no change in the new income tax regime for individuals for the current fiscal year and individual taxpayers can opt out of the regime at the time of filing their ITR. ....

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