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tax exemptions

Income Tax: These are the exemptions given under the old and new tax regimes; check list | Mint
  • Personal Finance

Income Tax: These are the exemptions given under the old and new tax regimes; check list | Mint

TheSpuzz Desk4 months ago04 mins

Source: Live Mint In FY 2023, the income tax regime became a default regime for all taxpayers. This means the taxpayers are meant to file their income tax return (ITR) as per the new regime unless they choose to opt out of it. And if you do not opt out of the new tax regime,…

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Income tax calculator: Find out which tax regime suits you better — New or Old | Mint
  • Personal Finance

Income tax calculator: Find out which tax regime suits you better — New or Old | Mint

TheSpuzz Desk4 months ago04 mins

Source: Live Mint Income tax calculator: The new tax regime became a default tax regime in FY 2023, which means taxpayers are meant to pay income tax based on the new regime unless they opt out of it. They would do so only if they were told that the old tax regime would lead to…

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Income Tax Return: Why opting for the old tax regime may make sense for you | Mint
  • Personal Finance

Income Tax Return: Why opting for the old tax regime may make sense for you | Mint

TheSpuzz Desk5 months ago06 mins

Source: Live Mint If you have made investments in some tax-saving instruments but realise that you won’t be able to claim the exemptions against them since you missed intimating your employer about opting for the old tax regime during the year, there is a way out. It is vital to note that you can still…

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