Finance Minister Nirmala Sitharaman introduced new income tax regime changes in Budget 2025, featuring revised tax slabs for ...

The new tax regime from FY 2025-26 offers zero tax on incomes up to Rs 12 lakh, making it an attractive option for many.

The new regime offers lower tax rates, but does not allow most tax deductions. On the other hand, the old regime permits ...

The decision between the old and new regime depends on available deductions and exemptions. If the assesse has deductions and ...

Revising your salary structure with tax-efficient components like HRA, LTA, and reimbursements can significantly reduce your ...

As the ITR filing deadline for FY25 approaches, many salaried individuals remain unsure about the taxability of retirement benefits like PF, gratuity, and pensions. Here's a simplified guide to help y ...

This can be done by eliminating the deductible allowances, such as House Rent Allowance (HRA), Leave Travel Allowance (LTA) ...

Form 16 is a TDS Certificate, which is received by the employee from the employer. This TDS certificate makes the process of ...

Filing an income tax return can feel intimidating, especially for those who are new to the process or worried about missing ...

The income tax department has notified ITR-7 for AY 2025-26 with key changes in capital gains reporting. Here's what trusts, NGOs and institutions filing under section 139 should keep in mind ...