Know the Difference: New Versus Old Tax Regimes

The Union Budget 2023-24 has introduced the new tax regime for individual…

Why should the government give WFH deduction benefits to employees?

The COVID-19 pandemic has enabled companies to execute the work-from-home model successfully.…

Can salaried individuals take NPS deduction in the new tax regime?

The taxpayers can choose between the new tax regime or the old…
Budget 2021 Expectations

What is there for senior citizens in upcoming Budget 2021

The Senior citizen’s pension income is considered the same as salary and…

Tax Query: Can I claim deduction on PPF or medical insurance payments?

I am a self-employed individual. I contribute to a PPF account in…

IT rules specify allowances for employees choosing new tax regime

The new tax regime is effective from FY 2020-21. Employees choosing the…

Impact of COVID-19 and New Tax Regime on the Life Insurance Sector

As per the data published by the Insurance Regulatory and Development Authority…

Factors to be considered for choosing the new tax regime under Budget 2020

For the upcoming FY 2020-21, the Union Budget 2020 proposes to introduce…

Will ELSS Lose Its Charm Under the New Tax Regime?

The new tax regime proposed in the Union Budget 2020 allows taxpayers…

Union Budget 2020-21: Income Tax Amendments

The Finance Minister of India presented the Union Budget for the financial…