New Delhi: Starting from April 1, 2020 (FY 2020-21), the government introduced a New Tax Regime (Section 115BAC) as an optional alternative to...
Tax under New Tax Regime: The Centre in its last full Budget, presented on February 1, 2023, introduced a few crucial changes...
New Tax rules 2023: The Government of India announced several new rules for the Income Tax in the Union Budget 2023. One of...
Income Tax Returns 2024: Income Tax return filing is a mandatory exercise for all Indian citizens, salaried, non-salaried, senior citizens. According to...
July 31 was last date for filing Income Tax Return for FY 2022-23. However, if in case a taxpayer has failed to...
The old tax regime offered several tax deductions that helped bring down one’s taxable income, and save on taxes. With the Government...
How much rent can you receive without paying any taxes in India? Know how and when rental income up to Rs 10...
Last month, salaried taxpayers had to choose between the old and new tax regimes. Most tax deductions are not available under the...
If your income is up to Rs 7 lakh, then you can enjoy zero tax liability under the new tax regime. Additionally,...
In the new income tax regime, the basic tax exemption limit has been increased from Rs 2.5 lakh to Rs 3 lakh....