Finance

Income Tax New Regime vs Old Regime FY 2026-27: Which Saves More Tax?

The income tax new regime vs old regime FY 2026-27 comparison shows that under the new regime, income up to Rs 12 lakh is effectively zero tax after Section 87A rebate of Rs 60,000 and standard deduct...

Income Tax Act 2026: 7 Major Changes for Salaried Employees in FY 2026-27

The Income Tax Act 2025 replaces the legacy 1961 Act starting April 1, 2026, introducing a simplified structure with 536 sections and a unified "Tax Year" concept. Major changes for salaried employees...