
Budget 2025: Middle-class taxpayers and the insurance sector are hoping that FM Nirmala Sitharaman will initiate reform measures including tax…
Among these zero-tax return filers, a majority may have switched to the New Tax Regime. This indicates that the majority…
The government has been actively conducting surveys under Section 133A of the Income-tax Act to identify tax evaders while improving…
Reflecting the theme of Viksit Bharat, the pavilion’s central structure illustrates India’s aspirations to shine on the global stage by…
When an employee is relocated, the tax valuation for accommodation provided by the employer is governed by specific rules.
If you’re not receiving House Rent Allowance (HRA), you can still claim HRA exemption under Section 80GG to save on…
The revised rules aim to simplify the compounding process by reducing complexities from multiple existing guidelines and lowering compounding charges.
Individuals and Hindu Undivided Families (HUFs) have two options for calculating their long-term capital gains (LTCG) tax on sale of…
The e-Dispute Resolution Scheme (e-DRS) enables the taxpayer to file an application electronically for dispute resolution to the Dispute Resolution…
The Income Tax Department topped in searches on Google Trends last week, as the tax department has yet to issue…
ICICI Pru Signature Pension allows customers to have a 100% exposure to equity besides offering unlimited free switches between equity,…
In the union budget 2023-24, the government introduced some changes in the new tax regime, offering some incentives in the…
Tax platform ClearTax has partnered with Microsoft to streamline tax filing for workers employed in the informal sector across India.
Under Section 80D, one can save taxes through availing deductions against health insurance premiums. Under Section 80DDB, one can claim…
Income tax refund speed varies based on several factors, such as the type of ITR form filed, the complexity of…
NPS Tax Benefits: For salaried professionals, NPS allows avail tax benefits under various sections of the Income Tax Act and…
Income Tax Return (ITR) filing on WhatsApp: WhatsApp-based ITR filing solution is aimed at simplifying tax filing for low-income blue-collar…
The last date to file income Tax Return (ITR) is July 31, 2024. The tax department has designated 28 banks…