All posts tagged "Income tax"
-
408ITRTDS On Salary? IT Dept Says Employers Should First Ask
Individual taxpayers have the option to select whether they want to be in the old tax regime, which provides for exemptions and...
-
465ITRIncome Tax On Lottery Money: If You Win, How Much Tax Govt Will Deduct?
The provisions governing the Income-tax are covered in the Income-tax Act, 1961. In India, prize money and lottery winnings are subject to...
-
413ITR
Income Tax Return: How can freelancers and self-employed individuals file their ITR for FY22-23?
While being self-employed provides one the flexibility in working, the tax aspects become slightly complex when compared with a salaried taxpayer. Also...
-
273MUST KNOWImportance of filing your income tax returns on time
The deadline for filing Income Tax Returns (ITRs) for the fiscal year 2022-23 is July 31, while the new assessment year 2023-24...
-
505ITRIncome 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,...
-
326ITRIncome 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...
-
888FINANCEIncome tax calculator: Changes in income tax slab for FY 2023-24 that you must know
Income tax calculator: After ushering in new financial year from 1st April 2023, new income tax regime has become a by default tax...
-
1.2KMUST KNOWTax Rebate, LTA, Standard Deduction: 10 Income Tax Rules To Change From Today | Full List Here
Income Tax Rules: Major changes in income tax slabs to increased tax rebate limit, and no LTCG tax benefit on debt mutual...
-
1.2KBUSINESSFY 2023-24: From New Income Tax Regime To LPG Cylinder Price – 6 Major Changes From Today Will Impact Your Pockets Directly
Tax on Life Insurance Policies The centre government has brought some life insurance policies under taxable from this financial year 2023-24. But...
-
520ITRNew 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...
