Budget 2020: What the Personal Finance Sector Can Expect from FM

With the much anticipated Union Budget 2020-2021 to be presented by the…

Here are 6 unconventional ways to save your taxes

Tax planning should be an integral part of your finances as it…
HRA

Salaried Employees Can’t Claim Both Deductions Under Section 80GG and HRA

The income tax department has sent notices to many salaried employees to…

Claim benefits of the deduction for a home loan and HRA

In a case where you are paying rent for your residential accommodation…

Take a look at your options for tax planning and tax-saving

Taxpayers like to invest, earn and save taxes at the same time.…

Know your salary components and maximise your take-home

Your salary package comprises various components such as basic salary, allowances towards…

Difference between a tax rebate and tax exemption

As a responsible citizen of the country, you must pay your income…

Complete salary break-up asked in new ITR-2 return form

The Income Tax Department (ITD) has recently released ITR 2 excel utility…