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

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

The new income tax regime offers lower tax rates and higher standard deduction compared to the old tax regime. (AI image) ITR filing FY 2024-25 (AY 2025-26): When filing your income tax return every year, the choice between the old and the new income tax regime is an important one. The new income tax regime…

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ITR filing FY 2024-25: New ITR-1 form notified with major changes – here’s what taxpayers should know – Times of India

ITR filing FY 2024-25: New ITR-1 form notified with major changes – here’s what taxpayers should know – Times of India

ITR filing: For individuals and those not requiring account audits, the submission deadline remains July 31. New ITR forms for FY 2024-25: The Income Tax Department has issued a new ITR-1 and ITR-4 for tax filing purposes for the assessment year 2025-26, simplifying the process for individuals with long term capital gains up to Rs…

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