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…

Income-Tax: Here’s How to Ensure Better Saving

The deadline to file the Income Tax Return (ITR) for the earnings…

Interim Budget 2024-25: A List of Few Key Expectations

On February 1, 2024, Finance Minister Nirmala Sitharaman is scheduled to present…

CBDT directs employers to ask preferred tax regime of employees for TDS deduction

The Central Board of Direct Taxes (CBDT) issued a circular directing employers…

Standard Deduction in New Tax Regime in Budget 2023: Is it Rs.50,000 or Rs.52,500?

In the recent Union Budget 2023-24, a standard deduction of ₹50,000 was…

Know the Difference: New Versus Old Tax Regimes

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

File Form No.10-IE to Opt for New Tax Regime

The Union Budget 2020 has introduced a new income tax regime for…

Optimise Your Taxes by Gifting Money to Your Parents and Children

Making investments in your parents or children’s name and reducing your tax…