Due to the income tax changes made in the FY 2024-25 (AY 2025-26), Form 16 will show certain changes this year. It will ...

Failure to report interest earned from savings accounts, fixed deposits, bonds, or other sources, even if tax has been ...

Senior citizens under the old tax regime get a higher basic exemption limit. For those aged 60 and above, income up to Rs 3 ...

D (health insurance), and home loan interest are just a few of the many exemptions and deductions that were available under ...

NPS is built with retirement in mind -- it combines tax benefits, low cost, flexibility, and structured investment ...

Employers are required to issue Form 16 to employees by 15 June. This important document contains the record of taxes ...

If an individual has deposited over Rs 50 lakh in a savings account or Rs 1 crore in a current account in a financial year, ...

Answer: Section 115BBJ provides a special tax rate of 30% on income earned from online games, like fantasy sports, rummy, poker, or any other game played online, regardless of whether the winnings are ...

50% or 40% of Basic Salary, depending on whether the city is metro or non-metro.

NRIs, after acquiring a property in India, should file annual income tax returns even if the income generated from the ...

The basic exemption limit varies depending on the chosen income tax regime. For the old tax regime, the limit is set at Rs ...

It’s been 70 years since the Bandung Conference brought leaders of Asian and African countries together in a collective ...