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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 …
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.…
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…
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…
4 mins read
Budget Expectations: Time to revise tax slabs and deduction limits for personal tax payers
It is that time of the year again. Finance minister Nirmala Sitharaman is all set to deliver the bu…
1 min read
1 min read
From higher standard deduction and change in tax slabs to clarity on Covid insurance, here’s what tax experts want from Budget 2022
The post-pandemic world has seen the middle class run from pillar to post for almost everything,…
Rounak Jain
2 mins read
Rent at your parents’ place to avail the House Rent Allowance and save tax
House Rent Allowance (HRA) is offered to almost every salaried employee. Taxpayers who have been li…
5 mins read
Are medical expenses tax deductible? Generally yes, under 2 conditions
Some medical expenses are tax deductible, under two general conditions: 1. Your q…
Tanza Loudenback
3 mins read
ITR 1 Filing: Who can file ITR 1
Here we learn who can file ITR 1 which is also known as Sahaj form. ITR1 is also popularly kn…
3 mins read
Are moving expenses tax deductible?
Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…
Tanza Loudenback
2 mins read
The 'doubled standard deduction' in the GOP tax plan is a lie
Currently, you get to take the personal exemption even if you also itemize deductions, but you only…
Josh Barro
4 mins read
A top tax expert decodes the new Income Tax regime changes announced in the Budget
The current economic situation necessitated bold steps from our Hon’ble Finance Minister (‘FM’) …
2 mins read
Individuals earning salary of over Rs 13 lakh a year to save under new tax regime
This means that about 90 per cent of taxpayers actually claim deduction of less than Rs 2 lakh…
PTI
2 mins read
Here’s how salaried employees can save on their taxable income
The salaried class is the most distressed during tax filing season. However, from donations for cha…
4 mins read
Are home improvements tax deductible? Generally only in 2 cases
Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…
Tanza Loudenback
6 mins read
11 tax deductions you won't want to forget about this year
Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…
Caroline Lupini
1 min read
Taxpayer opting for new tax regime to forego deductions on PF, tuition fee, insurance
New Delhi, Feb 1 () A taxpayer opting for new income tax slabs and rates will have to forego a host…
PTI
2 mins read
Here is how the Budget 2019 benefits the Indian middle class
The Narendra Modi goverment has gone all out to woo voters across social segments — not just the …
7 mins read
Budget 2021: From Income Tax deductions to creating jobs and boosting healthcare – Here’s all that could be in Nirmala Sitharaman’s fiscal plans
India’s Finance Minister Nirmala Sitharaman is set to announce the annual budget on February 1, 202…