Premium Taxpayers are supposed to ensure that the key details such as PAN, permanent address, contact details and bank ...
Understand the importance of early tax planning to maximize tax savings and minimize tax liability. Decide on the beneficial ...
Under the Income Tax Act, a salaried taxpayer can claim a standard deduction of ₹50,000. In addition to this, a person can also benefit from his charitable donations, child’s education ...
Saving taxes can be a complicated process, if not planned well in advance. To understand the gross tax you are supposed to pay each year, let’s take a closer look at your salary slip. You may have ...
Income Tax Return FY2023-24: Keep THESE key documents ready for ITR filing (Image: Freepik) Income Tax Return (ITR) filing for FY2023-24: The ITR filing season is underway with 31st July being the ...
Income Tax is levied on a person who was in India for 182 days during the previous tax year or the person who was in India for at least 60 days during the previous tax year and for at least 365 days ...
It is of utmost importance that you know what your income tax rate is and how much you will have to pay post Budget 2019. Piyush Goyal proposed that those who have a Rs 5 lakh income, will not have to ...
The income tax calculator gives a comparison to an individual about the income tax paid in two financial years. Currently, the income tax calculator is showing income tax liability in current ...
As taxpayers strive to optimize their financial plans and minimize their tax burdens, staying informed about the latest changes in Income Tax Return (ITR) regulations becomes crucial. With recent ...
Tax Deductions You Can Claim To Save On Your Taxes? Income tax return (ITR) filing for the assessment year 2024-25 (or FY 2023-24) is open until July 31, 2024. During ITR filing, individuals can ...