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New vs old tax regime for TDS on salary: How salaried employees can choose the best tax regime for FY 2025-26
At the beginning of each financial year, salaried employees face an important question from their employers: Which tax regime do they want to choose - the old tax regime or new - for the purpose of ...
As the Finance Minister readies Budget 2026, salaried taxpayers remain split on whether lower rates can truly replace deductions ...
Taxpayers who claim substantial tax-saving deductions, often summing up to several lakh rupees, generally find the old tax ...
Many salaried employees see a sudden spike in TDS between January and March because employers recalculate taxes after ...
Employees earning foreign income face higher tax deductions. This happens because employers cannot apply foreign tax credits ...
Delhi High Court held that an employee cannot be denied TDS credit due to the employer’s default in depositing deducted tax. The related demand and recovery were ...
A new federal law enacted last year provides a tax benefit to employees who receive overtime pay – but calling it a “No Tax on Overtime” law is a ...
For the 2025 tax year, the 'One Big Beautiful Bill' made several changes to deductions and tax laws. Some of these will ...
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