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 ...

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

In this article, we will dive deep into both tax regimes - Old Tax Regime and New Tax Regime. The write-up will explain ...

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 ...

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

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, ...

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

The Income Tax Department has introduced new detailed reporting for various deductions (HRA, home loan interest, 80C to 80U) ...

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 ...

Questions remain about how the new winter fuel payment will be paid for and how money will be clawed back from wealthy ...