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1 min read

About 6 cr ITRs filed for FY24; 70% under new tax regime

Addressing the post-budget session of PHD Chamber of Commerce and Industry, Malhotra said there wer…

PTI   


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2 mins read

New business owners could get a $50,000 tax deduction under Kamala Harris's plan

Kamala Harris's next big economic proposal hinges on making it easier for you to start a small busi…

Juliana Kaplan   


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6 mins read

Union Budget 2024: A handy FAQ guide to decode the upcoming budget

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

Business Insider Latest Story Image
3 mins read

Confused about the new tax regime? Here's when you should opt for it

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

Business Insider Latest Story Image
4 mins read

All you need to know about the new tax regime

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

Business Insider Latest Story Image
3 mins read

Decoding Form 16: How do you file your taxes if you don't get Form 16?

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

Business Insider Latest Story Image
1 min read

Link PAN with Aadhaar by May 31 to avoid double TDS deduction: Income Tax Department

The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid ta…

PTI   


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3 mins read

Budget 2024: Increase standard deduction, exemptions and more, an aam aadmi's wishlist

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

Business Insider Latest Story Image
3 mins read

ITR filing: Documents you need to file your income tax return

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

Business Insider Latest Story Image
6 mins read

Budget 2024-25: New tax regime sweetened by FM, hikes standard deduction to Rs 75,000

​More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…

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2 mins read

Opted for the new tax regime? Here are the allowances and deductions you can still avail

Budget 2020 introduced the new tax regime for FY 2020-21 in addition to the old tax regime. FY 2020…

Business Insider Latest Story Image
2 mins read

DBS Bank says it deducted 27% salary of its CEO Gupta for tech glitches in 2023

The salary of DBS Bank's Indian origin chief executive Piyush Gupta was cut by a hefty 27 per cent …

PTI   


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4 mins read

Home loan tax deductions: Self-occupied vs rented, the differences

Buying a home is undoubtedly one of the biggest financial commitments in one’s life. And since it i…

Business Insider Latest Story Image
3 mins read

Catch 22: Senior citizens can strategize and reduce their health insurance premiums but should they?

Health insurance is indispensable in the modern age as it offers financial security during medical …

Business Insider Latest Story Image
3 mins read

Made a mistake while filing tax returns? Here’s how to file a revised ITR

The process of revising a tax return involves making necessary updates and corrections to a previou…

Business Insider Latest Story Image
3 mins read

Changed your job in the last financial year? Here’s how to get your tax filing in place

If you have changed your job recently, any time before 31 March 2023, you need to be more careful w…

Business Insider Latest Story Image
3 mins read

Buying travel insurance? Here are 5 mistakes you should avoid

When booking a trip, we plan for destinations to visit, where to stay, what to do, what to eat, wha…

Business Insider Latest Story Image
3 mins read

ITR filing: Your guide to Form 26AS and why you should check for TDS discrepancies

To check if your employer has deducted TDS, follow these steps. First, register on the Income Tax D…

Business Insider Latest Story Image
2 mins read

Onus of deducting TCS on standalone overseas hotel bookings should be on banks: MakeMyTrip

MakeMyTrip, an online travel service provider, believes that banks should be responsible for deduct…

PTI   


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3 mins read

Decoding Section 80D: The healthcare-related tax deductions available to you

When we think of financial planning, we think of investments, tax planning, retirement planning, an…