Tax planning for salaried employees in 2025 goes beyond saving tax—it focuses on long-term financial security and full compliance with income tax laws. With choices between the old and new tax regimes, smart planning helps reduce taxable income, build wealth, and avoid last-minute mistakes. Investments like ELSS, PPF, EPF, NPS, health insurance, and home loans remain key under the old regime, while the new regime offers limited deductions. Early planning, diversification, and expert guidance are essential. Consulting the Best CA in Pune ensures optimized tax savings, correct regime selection, and complete legal and financial compliance.

Choosing between the old and new tax regime is a critical decision that directly impacts your tax savings. This blog clearly explains the differences in tax slabs, deductions, exemptions, and eligibility under both regimes, helping taxpayers make an informed choice. It highlights who should opt for each regime, rules for salaried and self-employed individuals, and how switching works. With practical guidance and FAQs, the article ensures clarity and compliance. For accurate tax calculation and expert regime selection, consulting a Top CA in Pune like Compliance Craft Advisors Private Limited can help you minimize tax liability and file returns confidently.

Filing Income Tax Returns (ITR) can be confusing, and many taxpayers make avoidable mistakes. Common errors include selecting the wrong ITR form, not reporting all sources of income such as interest or freelance earnings, and mismatching income details with Form 26AS or AIS. Claiming incorrect deductions or exemptions, especially under Sections 80C and 80D, is another frequent mistake. Many people also forget to verify their ITR after filing, which makes the return invalid. Missing the due date can lead to penalties and interest. Careful review and timely filing help ensure error-free compliance.

Input Tax Credit (ITC) can be claimed by registered taxpayers by ensuring valid tax invoices, actual receipt of goods or services, and timely filing of GSTR-1 and GSTR-3B. Common errors include mismatch between GSTR-1 and GSTR-2B, claiming ITC on blocked credits, incorrect GSTIN details, and delayed return filing. Practical solutions involve regular reconciliation of purchase data with GSTR-2B, verifying supplier compliance, correcting invoice details promptly, and maintaining proper documentation. Consistent monthly checks and timely corrections help avoid ITC denial, notices, and interest or penalty liabilities under GST law.