
Not all your incomes qualify for the rebate benefit under Section 87A. Income from capital gains, lotteries, and other categories…
Tax Calculator: Marginal relief prevents individuals earning slightly above Rs 12 lakh from facing disproportionately high tax liabilities. It ensures…
Until now, ambiguity surrounded the tax treatment of ULIPs where premiums exceeded certain thresholds, creating confusion for investors. Here’s what…
Budget 2025 extends the time limit for filing updated ITRs from 24 months to 48 months, but taxpayers filing late…
New Tax Claculator: Calculations confirm that the new tax regime is more beneficial for all income groups, making the old…
Income Tax Slabs Decoded: Income up to Rs 12.75 lakh is tax-free under the new tax regime for FY 2025-26,…
Government emphasis in recent months raised expectations that the Budget would incentivise employment-intensive sectors.
The answer lies in the revised Section 87A rebate. The government has increased the rebate from Rs 25,000 (earlier applicable…
The budget announcement has come as a big relief for taxpayers, especially the middle class, as this will significantly reduce…
New Income Tax Slab Rates FY 2025-26, Revised Income Tax Slab changes Highlights: Under the new tax regime, individuals earning…
Taxpayers can now claim tax benefits for two self-occupied houses, a major change from the previous rule that allowed relief…
In this write-up, we highlight seven key areas where the government cannot afford to go wrong. While there are many…
While the old tax regime, with its deductions and exemptions, has been a longstanding feature, the government’s push for the…
With rising inflation, job uncertainties, and the burden of indirect taxes, households across the country are eagerly anticipating relief in…
The question on everyone’s mind is whether the government will eliminate or revise the 30% tax slab in the upcoming…
In this write-up, we will analyze which tax regime — old or new — is more advantageous for individuals with…
In Budget 2024, one of the key proposals was the reintroduction of indexation benefits, which had been withdrawn the previous…
Salaried taxpayers hope Budget 2025 will see some major taxation reforms, including much-needed tax relief for them, higher exemptions, and…