New Delhi: Salaried taxpayers across the country have recently received messages from the Income Tax department regarding their Total Tax Deducted at Source...
The new tax regime is the default tax regime, however, taxpayers can choose the tax regime (old or new) that they think...
The income tax rule disallowing businesses from claiming tax deductions for payments beyond 45 days to micro, small and media unterprises (MSMEs)...
With the new financial year (FY) 2024-25 starting from April 1, a crucial decision awaits salaried taxpayers: opting for the old or...
Income Tax Act provides certain avenues to save tax by investing funds in specified securities like PPF, LIC premiums, fixed deposits, ELSS...
Income Tax: Financial markets will be closed on Friday due to Good Friday following which the markets are closed on the weekend....
Contributions to charity can be an excellent way to contribute to society and also decrease your tax liability in India. Here’s an...
In the wake of the new fiscal year, April 1, 2024, sweeping changes in the tax landscape herald major implications for personal...
The income tax filing season is here and brings with it stress and confusion, yet it’s an essential responsibility to avoid potential legal...
American statesman Benjamin Franklin’s famous quote about the certainty of death and taxes still holds true. So, as it is clear, it...