At the time of filing of income tax return (ITR), it is important to choose the right tax regime. And the ‘right’ is the one which leads to lower tax …
old tax regime
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Finance
Income Tax: THESE deductions are allowed for taxpayers under old and new tax regimes
by AutoTrendlyby AutoTrendlyIncome Tax: The last date to file the income tax return (ITR) for FY 2024-25 will soon expire on September 15. If you have yet to file your income tax …
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Finance
Income Tax: Choosing old tax regime is beneficial only when amount of deductions crosses THIS threshold
by AutoTrendlyby AutoTrendlyIncome Tax: Those taxpayers who have already filed their income tax return (ITR) for FY 2024-25 could be waiting for the refund, whereas those who have yet to file their …
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Finance
How you can use these spending-linked deductions to save taxes
by AutoTrendlyby AutoTrendlyIf you are looking to file your income tax returns, here is a look at how spending on certain items can help you save taxes. These deductions are available under …
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Finance
I asked ChatGPT “how to save income tax” for FY 2024–25 — I was shocked by the ₹45,000 I saved
by AutoTrendlyby AutoTrendlyEvery March, the same story repeats.I open YouTube and search:“How to save tax?” Soon, I’m watching five different videos giving five different strategies. One suggests ELSS, another pushes insurance, and …
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Finance
Income Tax: File your ITR and pay tax on e-pay portal via THESE 31 banks. A step-by-step guide
by AutoTrendlyby AutoTrendlyAs the last date to file income tax return (ITR) on Sept 15 looms closer, taxpayers can file their tax returns using ITR-1 or ITR-4. Notably, excel utilities of other …
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Finance
ITR 2025: These rules govern the switching of income tax regime from new to old
by AutoTrendlyby AutoTrendlySince the new tax regime is the default tax regime, filing income tax return (ITR) under the old regime would require you to switch from the new tax regime. However, …
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Finance
Income Tax: You can file ITR 2025 under the old tax regime for THESE reasons
by AutoTrendlyby AutoTrendlyFiling ITR 2025: As income tax (I-T) return filing season is back and taxpayers are ready to file their income tax return, you must choose one of the two tax …
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Finance
Income tax calculator: This is how you can use it to compute your tax liability
by AutoTrendlyby AutoTrendlyAs a taxpayer, it is recommended to use an income tax (I-T) calculator to ascertain your tax liability. However, before you use income tax calculator, these are the key steps …
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Finance
Here’s all you need to know about Form 16 before filing your income tax return
by AutoTrendlyby AutoTrendlySalaried employees across India are awaiting a key document — Form 16 — from their employer to file their income tax return (ITR). In this article we lay out why …