Under the new tax regime, there is a small tax exemption of Rs 3,500 per financial year available on the interest earned from ...

The Investment Declaration form needs to be submitted at the start of the financial year so that the Tax Deduction at Source ...

"Generally, a standard deduction is the best choice for taxpayers whose total itemized deductions do not add up to more than ...

Taxpayers will soon be able to file their income tax returns for the recently concluded financial year. The online portal is ...

Confirmed by Labour Chancellor Rachel Reeves in the Autumn Budget last year, the maximum deductions from the standard ...

The Department for Work and Pensions (DWP) will lower the cap on the maximum level of deductions that can be taken from a ...

In a notification issued on 23 April 2025, the CBDT stated that taxpayers cannot claim deductions for settlement payments arising from legal proceedings under the Securities and Exchange Board of ...