Have you ever wondered which tax regime saves you more money—the new or the old? As the Union Budget 2025 reshaped tax rules, taxpayers across India are debating this crucial question. While the New Tax Regime for FY 2025-26 offers simplified rates and fewer deductions, the Old Regime still appeals to those who rely heavily on exemptions and investments. To make the choice easier, an Automatic Income Tax Calculator, all-in-one in Excel, helps you quickly compare and decide what’s beneficial for you. Think of it like choosing between two different…
How to Decide Which Tax Regime Will Be Perfect for a Taxpayer for the F.Y.2025-26 | You can Check Your Tax Burden by this Automatic Income Tax Calculator F.Y.2025-26
Choosing the best tax regime for the Financial Year 2025-26 is one of the most important financial decisions for every taxpayer. Since the Government of India has introduced both the Old Tax Regime with deductions and the New Tax Regime with lower slab rates, taxpayers now have more flexibility. However, this flexibility also creates confusion. Many salaried employees, pensioners, and professionals ask the same question: Which tax regime will be more beneficial for me in FY 2025-26? Therefore, to answer this, you need to compare both regimes carefully. In addition,…
Income Tax Calculator All in One for All Salaried Persons for FY 2025-26 (AY 2026-27) Excel Download
Introduction Budget 2025 has completely reshaped how salaried taxpayers in India view Income Tax. With zero tax up to ₹12.75 lakh, countless middle-class families now breathe a sigh of relief. However, despite this welcome relief, taxpayers still struggle with Income Tax calculations, which often feel like solving a puzzle with missing pieces. Wouldn’t life be simpler if a personal assistant handled all the numbers for you? That’s exactly what the Income Tax Calculator All-in-One in Excel for FY 2025-26 delivers. Think of it as a digital tax buddy—you enter your…
Top Tax-Saving Investment Options Under Income Tax Section 80C for the Old Tax Regimes
Do you want to save more taxes and grow your money at the same time? You’re not alone. Most investors look for ways to legally reduce their tax burden while still earning good returns. Luckily, Income Tax Section 80C for the Old Tax Regimes gives you a wide range of tax-saving investment options. But here’s the catch—not all of them work the same way. Some give better returns, others offer more safety. So, how do you pick the right one for your goals? Let’s simplify it. We’ll walk you through…
Section 87A Tax Rebate Allowed on STCG in New Tax Regime – Relief for Salaried Taxpayers
Introduction If you’ve been confused about whether the Section 87A tax rebate applies to short-term capital gains (STCG) under the new tax regime, you’re not alone. Many salaried taxpayers wondered if they could claim this rebate when their total income included gains taxed under Section 111A. Thankfully, two recent appellate rulings have brought much-needed clarity and relief. In simple terms, the Commissioners of Income Tax (Appeals) confirmed that taxpayers earning up to ₹7 lakh annually—including income from STCG—can still claim the Section 87A rebate under Section 115BAC(1A). Let’s dive deeper…
How to Save Income Tax in India 2025: A Guide for Taxpayers with an Automatic Income Tax Preparation Software in Excel All in One with Form 10E for the Govt & Non-Govt Employees for the F.Y.2025-26
Introduction Do you sometimes feel that income tax looks like a maze with endless turns and confusing dead ends? If so, you’re definitely not alone. In fact, many taxpayers, whether government employees or non-government employees, constantly struggle to understand how to save tax legally while still complying with all the rules. Fortunately, the good news is that with the right knowledge and an Automatic Income Tax Preparation Software in Excel All-in-One with Form 10E, you can easily transform tax filing into a smooth, simple, and hassle-free process for the financial…
Imagine the Income Tax: Why 90% or More Taxpayers May Shift from Old to New Regime as per Budget 2025
Introduction Imagine a world where filing income tax no longer feels like solving a complicated puzzle. That’s exactly the vision behind Budget 2025, where the government has reshaped tax slabs and increased exemptions, making the new tax regime more attractive than ever. With zero tax on income up to ₹12 lakh, a revised standard deduction, and simplified processes, the government expects over 90% of taxpayers to embrace the new system. But what does this mean for you? How will these changes impact taxpayers across different income groups? And why is…
Deductions/Allowances allowed to a salaried employee As per Income Tax Act
Deductions/Allowances allowed to a salaried employee as per the Income Tax Act ‘Salary’ is the first head of income. The incometaxable under head shall be calculated on the due basis or the receipt basis, whichever occurs earlier. Taxable salary shall include taxable allowances, perquisites, retirement benefits, and profit in lieu of salary. Certain deductions are also allowed from salary income. TaxabilityofAllowances Allowances are additional components of salary that are regularly given to employees to meet the expenditure for particular purposes. Allowances are generally fixed irrespective of actual expenditure and are…
Download Automatic Income Tax Calculator All in One in Excel for the Government and Non-Government Employees with Form 10E for the F.Y.2025-26
Introduction Are you tired of spending hours manually calculating your income tax? Well, you’re not alone! Many salaried individuals—whether government or non-government employees—find tax calculation confusing and time-consuming. That’s where the Automatic Income Tax Calculator in Excel for the F.Y.2025-26 comes in handy. It’s simple, fast, and accurate. Moreover, with the latest updates under Income Tax Section 115 BAC {Standard Deduction}, this Excel-based tool ensures your calculations comply with the new tax rules. Think of it as your personal “tax assistant” that never sleeps, never miscalculates, and always stays updated!…
Most of the Taxpayers Opt for the New Tax Regime Rather than the Old Tax Regime for the F.Y. 2025-26 as per Budget 2025
Introduction Do you ever wonder why most taxpayers today prefer the new over the old? Think of it like choosing between a smartphone and an old keypad phone. The new one is easier, faster, and more convenient. Similarly, Budget 2025 has made the New Tax Regime better than the Old Tax Regime, convincing a majority of taxpayers to make the switch. This article will walk you through why people are shifting, how the two compare, and what benefits you can expect in the financial year 2025-26. Table of Contents Sr#…