In Budget 2025, the Finance Minister has given a big relief to the taxpayers by increasing the level of zero income tax liability from Rs 7 lakh to Rs 12 lakh. These changes will be applicable from ...

Keep proper documentation such as travel tickets, boarding passes, and payment receipts, as LTA claims are subject to ...

Filing Income Tax Returns on time ensures compliance with tax laws and helps you claim deductions. Understanding the process ...

Both Indian residents and NRIs can use Capital Gains Account Scheme (CGAS) to save paying capital gains tax on long-term ...

Declare this additional income to the employer and request for additional TDS deduction before March 31.

Salaried taxpayers claiming HRA exemption in their ITR must provide their landlord’s PAN if annual rent exceeds Rs 1 lakh.

To claim the LTA exemption without Form 16, you must appropriately declare it in your Income Tax Return (ITR). According to ...

ITR Filing: The Government has been making several announcements to make the new tax regime more attractive. However, officials have also clarified that the old tag regime will not be discontinued.

According to reports, about 9,000 people donated Rs 5 lakh or more in the financial year 2020-21 and claimed tax exemption ...