Income Tax Return e-filing: Can you keep switching between new and...

Income Tax Return e-filing: Can you keep switching between new and old tax regime every year? What taxpayers should know

Postado

ITR filing FY 2024-25 (AY 2025-26): Taxpayers can choose between the old and new income tax regimes annually, provided they don't have business income. The new regime is now the default, requiring taxpayers to actively opt for the old one. This choice can be made at the start of the financial year or during ITR filing, but only if returns are filed by the due date.

Read Full Article

Faça Login para curtir, compartilhar e comentar!

Business

India bleeds Pakistan dry: Water at ‘dead’ levels in Pakistan's dams; bigger Indus river plans in the works - top points to know

Following the Indus Waters Treaty suspension, India is optimizing the Indus river system, looking...

Por 0 1

Entertainment

Madhoo Shah supports Deepika Padukone’s exit from 'Spirit'

Actor Madhoo Shah supports Deepika Padukone’s exit from Spirit, citing her need for time as...

Por 0 2

Entertainment

Karisma consoles Kiaan as he breaks down at Sunjay's funeral

Sunjay Kapur, Karisma Kapoor's ex-husband, died in the UK. His funeral occurred in Delhi on...

Por 0 2

Business

Power generation: India records third-highest growth in power generation; behind only US & China in last five years

India ranks as the third-fastest-growing country in power generation, driven by rising...

Por 0 25

Business

Air India crash aftermath: Tata Sons chair Chandrasekaran skips TCS annual general meeting; Keki Mistry presides in absence

N Chandrasekaran, Tata Sons chairman, missed TCS's AGM for the second consecutive day due to...

Por 0 26