Key changes in the Income Tax Return (ITR) filing process for those opting for the old tax regime in the Assessment Year 2025 ...

Rent is Rs 8,333 per month (Rs 1 lakh/year) or below: You don’t need to submit landlord’s PAN number for claiming tax ...

Typically, companies do not allow their employees to switch the tax regime in the middle of the financial year for the purpose of TDS on salary. However, an individual can choose any tax regime while ...

The Income Tax Department has updated ITR-1 and ITR-4 utilities. Taxpayers claiming HRA must now provide more details like ...

Spreadsheets templates in Excel Utility to file Income Tax returns for assessment year 2025-26 have changed, particularly for ...

On income tax portal, you can compute your tax payable by entering all the necessary figures such as total income earned, ...

It’s important to note that all employees can claim HRA deductions, but not on the entire amount. The HRA deduction limit can ...

GSTN's new rule hard-locks GSTR-3B auto-populated data from July 2025, requiring GSTR-1/1A for corrections. This aims to boost data consistency and curb tax ...

Up to 80pc tax relief for salaried individuals earning Rs600,000-1.2m annually; minimal relief for top salary brackets ...

The old tax regime allows taxpayers to claim various exemptions and deductions for tax-saving investments, health insurance ...

Clause 247 of the new Income Tax Bill has reignited debate over digital privacy, with critics warning it allows officials to ...

The proposed amendments to Section 58C of the Income Tax Ordinance further empower the FBR to access offices of tax advisers ...