Income-Tax Return: A Brief Note on Filing of Form 10-IEA

The Income-Tax (I-T) Department recently released tax return forms for individuals that…

New Tax Regime: A Quick Take on Exemptions

The new tax regime is known to extend simplified tax slabs and…

Old vs New Tax Regimes: Here’s How to Make a Switch Between the Two Systems

The government introduced the new income tax regime in the Union Budget…

Old vs New Tax Regime: A Focus on Efficient Tax Planning

The new tax regime was introduced in April 2020, and the new…

Know the Difference: New Versus Old Tax Regimes

The Union Budget 2023-24 has introduced the new tax regime for individual…

Why should the government give WFH deduction benefits to employees?

The COVID-19 pandemic has enabled companies to execute the work-from-home model successfully.…

Can salaried individuals take NPS deduction in the new tax regime?

The taxpayers can choose between the new tax regime or the old…
Budget 2021 Expectations

What is there for senior citizens in upcoming Budget 2021

The Senior citizen’s pension income is considered the same as salary and…

Tax Query: Can I claim deduction on PPF or medical insurance payments?

I am a self-employed individual. I contribute to a PPF account in…

IT rules specify allowances for employees choosing new tax regime

The new tax regime is effective from FY 2020-21. Employees choosing the…