Category: Income Tax

Income Tax Calculator all in one in Excel for the F.Y.2025-26 for the Govt and Non-Govt Employees

admin
Income Tax Calculator all in one in Excel for the F.Y.2025-26 for the Govt and Non-Govt Employees

Excel-based income tax calculators for the Financial Year (FY) 2025-26 are readily available for download from several finance and tax-related websites . These calculators are designed to be comprehensive, catering to salaried employees in both the government and private sectors. Where to download a reliable Excel calculator CAclubindia: This resource offers an all-in-one Excel preparation tool for FY 2025-26. It supports both the new and old tax regimes, and it includes special features for government and non-government employees, such as a Form 16 generator and an arrear relief calculator. itaxsoftware.net:…

Relief from bank/post office savings interest as per budget 2025 for the F.Y.2025-26

admin
Discover which is better for middle-class taxpayers—Old or New Tax Regime—as per Budget 2025. Compare using Excel Income Tax Calculator for easy tax planning.

Relief on bank and post office savings interest as per Budget 2025 includes an increased Tax Deducted at Source (TDS) threshold for interest on deposits, tax-free withdrawals from the National Savings Scheme (NSS), and continued tax exemption on Post Office Savings Account interest under both old and new tax regimes.  Details of interest relief from Budget 2025: Increased TDS Threshold: The limit for TDS on interest income from fixed deposits, savings accounts, and other deposits has been doubled for senior citizens, from ₹50,000 to ₹1,00,000 per annum. For non-senior citizens, this TDS threshold…

Which will be the best choose tax Old or New Tax regime as per budget 2025

admin

In India, the choice between the old and new tax regimes for the financial year (FY) 2025–26 depends entirely on your specific financial situation, primarily your income level and the amount you can claim as deductions. There is no single “best” option for everyone, so a careful comparison is needed.  The key changes announced in the Budget 2025 significantly sweeten the deal for the new tax regime, but the old regime remains a better choice for taxpayers with substantial investments and eligible expenses.  Key differences between the two regimes Criteria …

Old vs New Income Tax Regime 2025: Which One Is Better for You? With Automatic Income Tax Preparation Software/Calculator for the Government and Non-Government Employees for the F.Y.2025-26

admin
Income Tax Calculator all in one in Excel for the F.Y.2025-26 for the Govt and Non-Govt Employees

Old vs New Income Tax Regime 2025: Which One Is Better for You? Following the Union Budget 2025, Indian taxpayers now face a crucial decision — which tax regime offers greater benefits: the old regime with multiple deductions or the new regime with simplified slabs and higher exemptions. Understanding the latest updates and choosing wisely can help you maximise your tax savings for the financial year 2025–26. Overview: New vs Old Tax Regime under Budget 2025 The new income tax regime has become more attractive than ever after the latest…

How Much Tax Benefits from the Old Tax Regime to the New Tax Regime for the F.Y. 2025-26 with Automatic Income Tax Calculator All-in-One for Government & Non-Government Employees

admin
80c

Introduction Have you ever wondered which tax regime truly saves you more money — the old or the new? For the Financial Year (FY) 2025-26, this question has become more relevant than ever. With the latest updates in Budget 2025, the government has made the New Tax Regime much more attractive for both government and non-government employees. Not only does it offer lower tax rates and an enhanced standard deduction, but it also simplifies compliance and minimises paperwork. Yet, the Old Regime still has its own charm — particularly for…

Section 80C Deduction as per Budget 2025 with Automatic Income Tax Calculator All in One for the Non-Government Employees for the F.Y.2025-26

admin
80c

Introduction Are you wondering how you can save more tax in the Financial Year 2025-26? Well, here’s some good news! The Section 80C deduction as per Budget 2025 continues to be one of the most powerful tools for every Non-Government employee to reduce their taxable income. Therefore, imagine it like a golden key that unlocks multiple doors of tax savings — from investments in PPF, ELSS, and LIC premiums to tuition fees and home loan principal repayments. Moreover, the Automatic Income Tax Calculator All-in-One in Excel makes it incredibly easy…

New Tax Regime or Old Regime: Which is Better for Salaried Class? With Automatic Income Tax Calculator All in One for the All Salaried Class for the F.Y.2025-26

admin
Discover which is better for middle-class taxpayers—Old or New Tax Regime—as per Budget 2025. Compare using Excel Income Tax Calculator for easy tax planning.

Choosing between the Old and New Tax Regime as per Budget 2025 feels a lot like choosing between two roads to your financial destination. Both can get you there, but the smoother path depends on how you plan your journey. While the Old Tax Regime offers numerous deductions and exemptions, the New Tax Regime provides simplicity with lower tax rates. But which is truly better for the salaried class? Let’s explore this question step-by-step and help you make an informed, smart decision for F.Y.2025-26. Table of Contents Sr# Headings 1…

New GST Rates 2025: Complete List of Revised GST Percentages

admin

🧾 New GST Rates 2025: Full List of Items with Revised GST Percentage (Download PDF) The Government of India has implemented the new Goods and Services Tax (GST) structure effective from September 22, 2025. This major tax reform simplifies the nation’s indirect tax system while making essential items more affordable. Moreover, it aims to boost consumption, reduce inflationary pressure, and help citizens save significantly during the festive season. 🌟 Major Highlights of GST Reform 2025 The revised GST rates officially came into effect on September 22, 2025, aligning with the…

Which Tax Regime Should You Choose for FY 2025–26?

admin
How many amount rebate in income tax U/s 16(ia) for F.Y.2025-26 with automated Income Tax Software All in One for the Govt and Non-Govt Employees for FY2025-26

Introduction: Understanding India’s Dual Tax System India’s income tax structure offers two distinct regimes — the Old Tax Regime and the New Tax Regime. Both systems aim to give taxpayers flexibility, yet each carries unique implications for deductions, compliance, and overall tax liability.Since Budget 2025, the government has continued to emphasise simplifying taxation, particularly for middle-income earners and salaried individuals. However, deciding which tax regime suits you best depends on how you earn and invest. Before choosing, let’s dive into the latest updates, comparisons, and saving strategies so you can…

How to Save Income Tax in India 2025: A Complete Guide for Taxpayers with Automatic Income Tax Preparation Software in Excel

admin
Discover which is better for middle-class taxpayers—Old or New Tax Regime—as per Budget 2025. Compare using Excel Income Tax Calculator for easy tax planning.

Introduction Paying income tax is your duty, but does it always have to feel like a burden? Absolutely not! With the right strategies, you can legally reduce your tax liability and keep more of your hard-earned money in your pocket. Think of tax planning as gardening—if you plant the right seeds (investments and deductions), you’ll reap healthy savings at the end of the year. In this guide, we’ll explore how to save income tax in India in 2025 under both the old tax regime and the new tax regime. We’ll…