Old Tax Regime

Haven't filed your Income Tax Return (ITR) yet? Here's how much you could end up paying if you miss the July 31 filing deadline.

With the ITR filing deadline just around the corner, now is the time to file your return if you haven't already. Follow these 10 simple steps to file your ITR online quickly and correctly.

Thinking of filing your ITR after July 31? Are you aware of the penalties, interest and other setbacks that may follow? Let's have a look.

Filing your ITR before the deadline is important, but filing it correctly is even more important. These three last-minute checks can help you avoid costly errors.

Think your Form 16 is all you need to file your ITR? Think again. A few missed details could delay your refund, or even land you a tax notice.

As the ITR filing season gathers pace, our 'KNOW YOUR TAXES' series explains the tax rules that matter most. In this edition, we clear up one of the biggest misconceptions doing the rounds, whether you can claim the new Rs 200 per meal voucher tax benefit while filing your ITR this year.

As taxpayers file their ITRs, understanding home loan tax rules has become more important than ever. In this edition of 'KNOW YOUR TAX', we explain what you can still claim on a rented property under the new tax regime.

The Income Tax Department has issued seven golden rules for filing ITRs for AY 2026-27. The checklist urges early preparation, careful verification and timely e-verification to avoid delays and lost benefits.

Before you click 'Submit' on your ITR, make sure you've chosen the right tax regime. A few minutes spent comparing the old and new regimes could translate into substantial tax savings.

As the ITR filing season gathers pace, our ‘KNOW YOUR TAX’ series breaks down key tax benefits. In the first part, we explain the standard deduction and how it works under the old and new tax regimes.

The old tax regime may no longer be the default option, but it still offers several powerful tax-saving benefits. Could these six deductions help lower your tax bill more than the new regime?

Old or new tax regime? It's a choice many taxpayers revisit every year. But before making the switch, it's important to know how often you're actually allowed to change your tax regime.

Since Form 16 forms the foundation of income reporting for salaried taxpayers, spending a few minutes verifying the information can save you a lot of trouble later.

Think the new tax regime leaves no room for tax savings? If you earn Rs 20 lakh a year, you may be surprised to learn that several tax-friendly benefits are still available.

Anyone who owns assets such as a flat, land, jewellery, fixed deposits, shares or mutual funds should consider making a Will. Even small savings can become the reason for family disagreements if there is no clear-written instruction from the owner.

If you have recently received an email from your office’s HR department on salary reimbursements, it may be worth a closer look. It could influence how part of your salary is taxed.

Claiming HRA by paying rent to family members has been a common tax-saving method. Yet, changes expected from April 2026 could make these claims more closely examined than before.

If you’ve moved to the new income tax regime, the proposed updates to the old one might be worth a second look. Here’s what the latest draft changes could mean for your tax savings.

If you are still using the old income tax regime, the government’s draft rules for 2026 may bring some welcome relief. Proposed changes to key exemptions and allowances could slightly lower your tax bill and make the traditional regime more rewarding.

As Budget 2026 approaches, middle-income taxpayers are watching closely for signs of relief. With rising costs and inflation pressures, the big question is whether the government will tweak tax slabs to ease the burden.