ITR
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578Old vs New Tax Regime? Use this simple calculator from the income tax department to decide what works for you
If you are still confused about how to choose between the old and new tax regimes, then the Income Tax Department has...
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358Income tax: Know how salaried employees can calculate standard deductions, who’s eligible for Rs 50,000 claim
The Finance Minister has provided some relief to individual taxpayers by introducing a standard deduction of ₹50,000 and a deduction of up...
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496Income Tax on Capital Gains: How foreign stocks are taxed differently than Indian shares
Gains on the sale of shares, whether they result from shares listed in India or overseas, are taxed in both scenarios. However,...
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344Income Tax Return Filing Online: Easy Steps To File ITR 1 Sahaj, Check Details Here
Purpose of filing ITR is to calculate tax liability and to pay any additional tax that may be due, or to claim...
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322Income Tax: Who Can Claim Rs 50,000 Standard Deduction?
The standard deduction is a flat deduction allowed under Section 16 of the Income Tax Act, 1961. In India, the standard deduction...
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400
New income tax changes in India for 2023-24; everything you need to know
As the new financial year 2023-24 begins, the income tax changes announced in the Budget 2023 by Finance Minister Nirmala Sitharaman have...
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518New income tax rules: Proceeds from life insurance policy to tax-free income — changes from 1st April that you must know
New income tax rule 2023: After ushering in new financial year from 1st April 2023, a good number of income tax rules are...
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734Income Tax Guide On Pension: How To File Pension Income In ITR?
Pension received from the state or central government is fully taxable under “salary” in income tax returns. Income Tax Return: If you...
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479How To Calculate Income Tax On IT Department’s Tax Calculator?
The income tax calculator is available on the tax department’s official website. Filing income tax can be a long and tiring process...
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482Income Tax recap: These important changes come into effect from April 1
There are several changes to income tax rules that will come into effect in the next financial year, starting from April 1, 2023. From...
