Business and Finance
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Business and Finance
Source: (remove) : Moneycontrol
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Tue, April 8, 2025
[ Tue, Apr 08th ] - Moneycontrol
Switching tax regimes in 2025: What salaried and business taxpayers need to know
Mon, March 31, 2025
[ Mon, Mar 31st ] - Moneycontrol
Income tax cuts, RBI's repo rate reduction and more: Here's how April will impact your wallets
Sun, March 30, 2025
[ Sun, Mar 30th ] - Moneycontrol
Eid al-Fitr 2025: Top 50 Eid Wishes, Messages, and Social Media Statuses to Celebrate the Festival
Fri, March 28, 2025
[ Fri, Mar 28th ] - Moneycontrol
10 reasons why startups must attend Startup Mahakumbh and how to register
[ Fri, Mar 28th ] - Moneycontrol
Immigration and Foreigners Bill 2025 cleared in L .. and how will it prevent illegal entry into India?
[ Fri, Mar 28th ] - Moneycontrol
Signal chat leak exposes Trump advisers' personal data and top-secret Yemen strike plans
[ Fri, Mar 28th ] - Moneycontrol
Stocks to Watch Today
[ Fri, Mar 28th ] - Moneycontrol
Jio Financial Services shares rise, Zomato flat o .. Britannia Industries, BPCL stocks gain post exit
Thu, March 27, 2025
[ Thu, Mar 27th ] - Moneycontrol
Health insurance claim rejections: Here are the common mistakes you must avoid
[ Thu, Mar 27th ] - Moneycontrol
Debt and equity fundraising hits all-time high in FY25 even as market sails through jitters
[ Thu, Mar 27th ] - Moneycontrol
Three reasons why Indian bond yield hits 3-year lows and why it points at more rate cuts
[ Thu, Mar 27th ] - Moneycontrol
Finance Bill 2025 removes indirect investment tra .. s, boosts India's appeal for global fund managers
[ Thu, Mar 27th ] - Moneycontrol
Finance Bill, 2025, limits tax scrutiny to undisclosed income in search cases
[ Thu, Mar 27th ] - Moneycontrol
Midcap and smallcap volatility may persist, but stay the course with your SIPs
[ Thu, Mar 27th ] - Moneycontrol
Pension Loan Explained: How it works, interest rates, eligibility and other key factors
[ Thu, Mar 27th ] - Moneycontrol
Growth-friendly RBI governor Malhotra raises rate cut hopes
Wed, March 26, 2025
[ Wed, Mar 26th ] - Moneycontrol
Morgan Stanley adds Bajaj Finance, Hindustan Aeronautics to key focus lists
Tue, March 25, 2025
[ Tue, Mar 25th ] - Moneycontrol
Finance Bill 2025: New income tax bill to scrappi .. Here's what Nirmala Sitharaman said in Lok Sabha
Mon, March 24, 2025
[ Mon, Mar 24th ] - Moneycontrol
Markets went through a bull run correction, global growth intact: Ramesh Damani
[ Mon, Mar 24th ] - Moneycontrol
Term Loan: How it works? Check interest rate, features and eligibility
Sun, March 23, 2025
[ Sun, Mar 23rd ] - Moneycontrol
Stocks to Watch Today: Welspun Corp, NCC, Mahindr .. drej Properties, DAM Capital in focus on 24 March
[ Sun, Mar 23rd ] - Moneycontrol
FPI outflows ebb amid easing global concerns, optimism over Russia-Ukraine conflict
[ Sun, Mar 23rd ] - Moneycontrol
Mcap of nine of top-10 most-valued firms surges Rs 3 lakh cr; ICICI Bank, Airtel biggest gainers
Sat, March 22, 2025
[ Sat, Mar 22nd ] - Moneycontrol
FOIR Calculation: Impact of FOIR on personal loan eligibility and tips to improve it
Fri, March 21, 2025
[ Fri, Mar 21st ] - Moneycontrol
China's shrinking tax revenue poses challenge to economy and response to US tariffs
[ Fri, Mar 21st ] - Moneycontrol
Manappuram Finance shares jump 10% to record high after Rs 4,400 crore deal with Bain Capital
[ Fri, Mar 21st ] - Moneycontrol
Manappuram Finance shares jump 3% as Bain Capital set to buy 18% stake for Rs 4,385 crore
[ Fri, Mar 21st ] - Moneycontrol
Neutral Manappuram Finance; target of Rs 240: Motilal Oswal
[ Fri, Mar 21st ] - Moneycontrol
Gold price surges come and go, stick to a 10-15% allocation
Thu, March 20, 2025
[ Thu, Mar 20th ] - Moneycontrol
Stocks to Watch Today: Manappuram Finance, Hero M .. Lloyds Metals, CDSL, RailTel in focus on 21 March
[ Thu, Mar 20th ] - Moneycontrol
Bain Capital-Manappuram Finance deal likely to be announced soon
[ Thu, Mar 20th ] - Moneycontrol
Bain Capital to invest Rs 4,385 crore in Manappuram Finance for 18% stake: Newsbreak confirmed
[ Thu, Mar 20th ] - Moneycontrol
Reliance, L&T, Waaree, and six others receive Let .. rd to set up green hydrogen production facilities
[ Thu, Mar 20th ] - Moneycontrol
Bain Capital strikes gold as deal likely for majority stake in Manappuram Finance
Wed, March 19, 2025
[ Wed, Mar 19th ] - Moneycontrol
India's energy efficiency improved faster between .. nd 2023, than BRICS and global average: RBI study
[ Wed, Mar 19th ] - Moneycontrol
What is NBFC Loan? Difference between bank and NBFC Personal Loan
[ Wed, Mar 19th ] - Moneycontrol
Sell, buy back and save: Here's how tax harvesting can maximise your returns
Tue, March 18, 2025
[ Tue, Mar 18th ] - Moneycontrol
Urgent Loan Apps: How they work and other key details to check before borrowing
Mon, March 17, 2025
[ Mon, Mar 17th ] - Moneycontrol
Trade Spotlight: How should you trade Coal India, .. riram Finance, JSW Steel, and others on March 18?
[ Mon, Mar 17th ] - Moneycontrol
Laid-off employees of US-based edtech firm Focus .. file complaint with Karnataka Labour Commissioner
[ Mon, Mar 17th ] - Moneycontrol
Shriram Finance Consolidated December 2024 Net Sales at Rs 10,698.31 crore, up 15.03% Y-o-Y
[ Mon, Mar 17th ] - Moneycontrol
Emerald Finance Consolidated December 2024 Net Sales at Rs 5.72 crore, up 67.52% Y-o-Y
[ Mon, Mar 17th ] - Moneycontrol
Correction forced mid and smallcap funds to rejig top stock holdings in February
Sun, March 16, 2025
[ Sun, Mar 16th ] - Moneycontrol
Stock Market LIVE Updates: GIFT Nifty suggests a firm opening; US, Asian markets gain
[ Sun, Mar 16th ] - Moneycontrol
Prevent social media harassment with these 10 social media tips shared by the government of India
[ Sun, Mar 16th ] - Moneycontrol
Chhattisgarh aims to double state GDP to Rs 10 lakh crore in 5 years: FM Choudhary
[ Sun, Mar 16th ] - Moneycontrol
Uber in early talks to acquire EV ride-hailing firm BluSmart
Thu, March 13, 2025
[ Thu, Mar 13th ] - Moneycontrol
Top gainers and losers today: Stock that moved the most on March 13
[ Thu, Mar 13th ] - Moneycontrol
NIFTY 50 Intraday: Shriram Finance and Tata Motor .. Among Top Losers; Bharat Elec and SBI Lead Gains
[ Thu, Mar 13th ] - Moneycontrol
India's biggest lender SBI to set up AI, fintech project finance unit
Tue, March 11, 2025
[ Tue, Mar 11th ] - Moneycontrol
IIFL Finance Consolidated December 2024 Net Sales at Rs 2,442.58 crore, down 7.74% Y-o-Y
Sun, March 9, 2025
[ Sun, Mar 09th ] - Moneycontrol
Microsoft announces new sales AI agents, AI Accelerator for Sales: Key details
Sun, February 16, 2025
[ Sun, Feb 16th ] - Moneycontrol
Asian shares cautious amid US-EU tension
[ Sun, Feb 16th ] - Moneycontrol
Reciprocal tariffs and the new world disorder
Fri, February 14, 2025
[ Fri, Feb 14th ] - Moneycontrol
Hindalco sees neutral-to-positive impact on its US business from Trump tariff

Switching tax regimes in 2025: What salaried and business taxpayers need to know


Published on 2025-04-08 19:00:42 - Moneycontrol
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  • Salaried individuals can switch between old and new tax regimes every year, while business owners have limited flexibility.

The article from Moneycontrol discusses the implications of switching between the old and new tax regimes for salaried and business taxpayers in India, effective from the financial year 2025-26. It highlights that taxpayers have the flexibility to choose their preferred tax regime annually, but those opting for the new regime must inform their employer at the beginning of the financial year to ensure correct tax deductions. The new tax regime, introduced in Budget 2020, offers lower tax rates but fewer deductions and exemptions compared to the old regime. The article advises taxpayers to evaluate their tax liabilities under both regimes, considering factors like income level, available deductions, and potential tax savings. It also notes that while salaried individuals can switch regimes yearly, business taxpayers have a one-time option to revert to the old regime if they initially choose the new one. The piece concludes by emphasizing the importance of understanding the nuances of both regimes to make informed decisions that optimize tax benefits.

Read the Full Moneycontrol Article at:
[ https://www.moneycontrol.com/news/business/personal-finance/switching-tax-regimes-in-2025-what-salaried-and-business-taxpayers-need-to-know-12987546.html ]