Despite fewer deductions, certain allowances and exemptions remain available under the new tax regime. These are mentioned below. New Delhi: As the financial...
As tax season approaches, individuals in India are seeking smart strategies to optimize their tax liabilities. The National Pension System (NPS) is...
The final submission of proofs of yearly investments and expenses for this fiscal year ends March 31. With the submission, taxpayers need...
New Delhi: Starting from April 1, 2020 (FY 2020-21), the government introduced a New Tax Regime (Section 115BAC) as an optional alternative to...
Tax under New Tax Regime: The Centre in its last full Budget, presented on February 1, 2023, introduced a few crucial changes...
New Tax rules 2023: The Government of India announced several new rules for the Income Tax in the Union Budget 2023. One of...
Income Tax Returns 2024: Income Tax return filing is a mandatory exercise for all Indian citizens, salaried, non-salaried, senior citizens. According to...
July 31 was last date for filing Income Tax Return for FY 2022-23. However, if in case a taxpayer has failed to...
The old tax regime offered several tax deductions that helped bring down one’s taxable income, and save on taxes. With the Government...
How much rent can you receive without paying any taxes in India? Know how and when rental income up to Rs 10...