The Income Tax Department has introduced a single consolidated Form 122, replacing Form 12B and Form 12BAA, for salaried employees…
Oracle layoffs have brought severance pay and its tax treatment into focus. From salary components to exemptions and relief under…
As the March 31 deadline approaches, many salaried employees rush to claim Leave Travel Allowance (LTA) but often miss out…
A salaried taxpayer who wrongly claimed ₹10.65 lakh in Chapter VI-A deductions for AY 2022-23 ended up paying a 200%…
Does Section 247 of the new Income-tax Act, 2025 give tax officials unlimited powers to access emails and social media…
Expectations of big income tax relief are running high ahead of Union Budget 2026, but experts warn that sweeping tax…
Income Tax Slabs Expectation Budget 2026: Union Budget 2026–27 is expected to keep income tax reforms in focus as FM…
Many salaried employees see a sudden spike in TDS between January and March because employers recalculate taxes after verifying actual…
Union Budget 2025 brought major relief to salaried taxpayers by revamping income tax slabs under the new tax regime. For…
Budget 2025 put more money in taxpayers’ hands with higher exemption limits, wider slabs and zero tax up to Rs…
Over the last couple of years, the tax department has taken a slew of measures to reform the whole process…
New tax regime (from FY 2025-26): Those with taxable income of Rs 12.75 lakh or less can get a tax…
So July 23, 2024 not only changed the direction of the government’s tax policy but also became the day for…
The Income Tax Department has launched a nationwide crackdown in 2025 targeting fake deduction claims by salaried employees, including those…
Before filing your ITR, know how the removal of 80TTA exemption under the new tax regime could cost you tax…
Despite over 75 lakh income tax returns being filed and more than 71 lakh verified so far this year, the…
So, if you are employed and live in a rented house, you can avail the benefit of HRA while filing…
With the ITR filing deadline extended to September 15, 2025, taxpayers have a greater opportunity to earn higher interest on…