Explore essential tax deductions that can significantly reduce your taxable income and enhance your financial stability.

Salaried individuals have two options when filing their Income Tax Return (ITR): the old or the new tax regime. Each has its ...

Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of ...

Filing ITR is not only a legal responsibility but also important for taxpayers' financial health. It keeps a record of one's ...

Proposed new tax regime will be implemented from April 1, 2025, where income up to Rs 12,75,000 is tax-free for ...

When receiving payment as an employee for a second job, such as through an ad-hoc contract, the income will be categorized as ...

THE PRIMARY INTENTION of the new Income Tax Bill, introduced by Finance Minister Nirmala Sitharaman in February, is to ...

Do you follow the new tax regime or the old tax regime? Will you switch to the proposed new tax regime once it is implemented ...

While the old tax regime promotes savings through tax benefits, the new one is simpler, involves less paperwork and reduces ...

Challenging this decision, the assessee argued that while the maximum marginal rate (MMR) applies, the surcharge should only be levied as per the Finance Act, which explicitly states that surcharge is ...

Tax will depend on nature of Income. Example: On salary, income on transfer of debt mutual fund and business income slab rate is applicable. Slab rate will depend on tax regime (old/new) selected by ...