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 ...

To avoid Income Tax Department notices, taxpayers should file error-free returns, especially with the extended deadline to ...

With Budget 2025 making income up to Rs 12 lakh tax-free under the new regime, salaried taxpayers are weighing the benefits ...

With sweeping changes introduced by Budget 2024, Indian taxpayers filing ITR for FY2024-25 have until 15 September to submit ...

Can you claim the deduction? Tax Expert highlights how there are no provision under the income tax laws to allow any ...

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

According to rules, salaried individuals can switch regimes annually, while business professionals can do so only once, and ...

The Central Board of Direct Taxes (CBDT) has rolled out comprehensive guidelines offering tax benefits to retired individuals ...