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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.…

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2 mins read

Filing your ITR at the last minute? Don't make these mistakes

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

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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 …

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4 mins read

Decoding capital gains taxes: What FM Nirmala took from your pocket, what she gave you in Budget 2024

All listed securities will be considered long-term capital assets (and hence, LTCG will be levied) …

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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…

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3 mins read

5 tax-saving investments that will lose their charm under the new tax regime

The old tax regime offered several tax deductions that helped bring down one’s taxable income, and …

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3 mins read

Two tax regimes & rise of freelancers drive people to tax experts, chartered accountants

The option of the new and old tax regimes and complex taxation laws require the assistance of exper…

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3 mins read

Last-minute rush: 5 things to do before March 31

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

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3 mins read

Here’s why there is less adoption of the new tax regime and how budget 2022 can make it more attractive

In last year’s union budget, India’s finance minister Nirmala Sitharaman had announced a new tax re…

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2 mins read

Life insurance stocks fall up to 10% after Budget pushes for new tax regime

Life insurance stocks sold off heavily after the Union Budget pushed for a new tax regime and curta…

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2 mins read

New tax regime may not be necessarily beneficial for all taxpayers: Experts

The new tax regime (NTR) will now be considered as a default regime, but it may not necessarily be …

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4 mins read

FM plays Santa: Zero tax on income upto ₹7 lakh under the new regime

Tax saved by individuals in higher income brackets will result in the amount getting channelised in…

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4 mins read

Tax saving countdown – With 2 months to go, options to consider under 80C

Now that we have stepped into the new year, there are just three months left before the current fin…

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3 mins read

Tax man introduces ITR 1 and ITR 4 forms – Here’s what it means

The Central Board of Direct Taxes (CBDT) has revealed the Income Tax Return (ITR) Forms 1 and 4 for…

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3 mins read

Tax implications on income of a minor – What every parent should know

Income earned by a minor child from activities involving their skills, talent, or specialised knowl…

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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…

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2 mins read

Delhi returns to old excise policy regime, many brands left off shelves

The return of old excise policy, which was in force before November 17, 2021, also means that …

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7 mins read

If you earn ₹15 lakh, you save ₹15,600 with the new tax regime but you can’t claim tax benefits worth ₹73,000

The government’s new tax regime isn’t for everyone. If you earn less than ₹13 lakh per annum, it mi…

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3 mins read

IT department releases ITR 1 and ITR 4 offline forms ahead of time

The Indian Income Tax Department has released offline utilities for ITR Forms 1 and 4 that can be u…

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3 mins read

How to calculate taxable Income in 2019-20 in old tax regime

Know the current income tax slabs for different salary ranges: …