Often in the rush of filing income tax returns (ITR) at the last moment, you may forget to claim certain tax deductions despite making...
NPS Tax Benefit Section: Sections 80CCD(1) and 80CCD(1B) provide tax deductions for contributions made to specific retirement schemes. NPS Tax Relief Section: Section...
Understanding tax deductions can be confusing, but it’s essential to make the most of the tax benefits available. For senior citizens, Section...
Investing in your health should be one of the top most priority and important decisions that you need to make. Not only...
A financially stable future is what we all crave for. The hurdle in achieving this stability is the amount of tax we...
Buying a home is undoubtedly one of the biggest financial commitments in one’s life. And since it is a big ticket purchase,...
New Delhi: The income tax department is ringing the alarm bells as the deadline for filing income tax returns (ITR) for FY 2023...
ITR AY 2023-24: The old tax regime has exemptions, deductions and rebates available; while the new tax regime does not have any...
Apart from the deduction of up to ₹1.5 lakh on principal payments, and up to ₹2 lakh on interest payments, an additional...
There is always confusion among taxpayers about which income tax regime is better for them to save taxes. In some cases, the...