October appears to be when investors most frequently employ the tax-savings method as the end of th…

You will have to pay a penalty of Rs. 1,000 if your total annual taxable income is below Rs 5,00,00…

If you've paid premiums for a life or health insurance policy during the year, or invested in ELSS …

As per official data, about 6 crore ITRs have already been filed so far, and around 70% of them hav…

​​Sikkim has its income tax manual, which stipulates that no resident of Sikkim was to pay taxes to…

13 days from now, i.e., 31st July 2024 is the last date for salaried individuals, non-resident Indi…

​​​Weeks before the budget presentation, the finance minister also meets representatives from vario…

According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…

The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…

According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…

The new tax regime was introduced in Budget 2020 as a means to simplify tax calculations and offer …

While you can still download Form-16, there's another, manual way to figure out your tax liability.…

If any amount you receive from NPS is reinvested in the annuity plan, it remains tax-exempt. Howeve…

Note that unless you specifically opt for the old regime, the new tax regime is considered as your …

The Cost Inflation Index (CII) for fiscal year 2024-25 is 363, used by taxpayers to calculate long-…

March 31 is the end of the financial year and is often a busy time for accountants and bankers. Eve…

When deciding between the old and the new tax regimes, most of us will consider the most common ded…

Data shows that currently India has 66.5 million individuals who pay personal income tax, which is …

You are a non resident Indian (NRI) if you live abroad. More specifically, you are classified as "n…