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Old vs New Tax Regime for Tax Year 2026-27 (FY 2026-27) — Which Is Better?

📅  Updated as on: 18 May 2026 ⚡ Budget 2026: No change in tax slabs — same rates as FY 2025-26 Every salaried employee, pensioner, and business owner in India faces the same decision at the start of each tax year: old regime or new regime? The answer has direct

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Fimaco® Tax Intelligence

Old vs New Tax Regime, deductions, salary structuring, planning strategies and practical income tax guidance for professionals and businesses.

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Old vs New Tax Regime for Tax Year 2026-27 (FY 2026-27) — Which Is Better?

📅  Updated as on: 18 May 2026 ⚡ Budget 2026: No change in tax slabs — same rates as FY 2025-26 Every salaried employee, pensioner, and business owner in India

₹75,000 Standard Deduction Under New Tax Regime FY 2026-27 | Income Tax Act 2025

📅  Updated as on: 17 May 2026 ⚡ Subject to amendment — verify at incometax.gov.in The standard deduction is one of the most universally beneficial provisions in Indian income tax

Form 16 is Now Form 130 — What Every Salaried Employee and Employer Must Know

📅 Updated as on: 15 May 2026 ⚡ Subject to amendment — verify at incometax.gov.in Every June, employers across India issued Form 16 to their employees. Employees used it to

Cash Flow vs Profit: The Difference That Kills Profitable Businesses

💡 A manufacturing business in Pune had its best year on paper in 2024. Revenue up 34%. Net profit: Rs.42 lakh. In October, they could not make payroll. The owner

Assessment Year is Gone — What Tax Year Means for You

📅  Updated as on: 11 May 2026 ⚡ Subject to amendment — verify at incometax.gov.in If you have been filing income tax returns in India for even one year, you

Internal Audit Is Not Optional: What Every Business Owner Must Know

💡  A textile manufacturer in Delhi called us after a routine internal audit. In six weeks, the audit team found: ₹4.2 lakh in duplicate vendor payments going back 14 months.

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