Income tax

Tax Reliefs Could Be Adjusted Year-Round Under New Income Tax Bill

The new Income Tax Bill 2025 is expected to allow the government to modify tax deductions and rebates through executive…

5 months ago

Anything Less Than Rs 60L Per Year Is Poor, Fintech Guru’s Bold Statement

A fintech professional’s controversial statement that anyone earning less than ₹60 lakh annually is “poor” has sparked intense debate about…

5 months ago

Middle Class Gets Major Tax Relief: No Income Tax on Earnings Up to Rs 12 Lakh

Finance Minister Nirmala Sitharaman introduces tax relief in Budget 2025, exempting income up to Rs 12 lakh from taxation.

5 months ago

End of Income Tax? Trump’s Remarks on Tariffs and Economic Overhaul

Donald Trump outlines a bold economic vision, proposing tariffs on foreign nations like China and India to reduce taxes for…

6 months ago

Over 5 Crore ITRs Filed As Deadline Nears: Income Tax Dept’s Update

The Income Tax Department announced on Saturday that over 5 crore tax returns for the Assessment Year 2024-25 have been…

12 months ago

100% Income Tax-Saving Trick? Karnataka Man’s Humorous Video For Salaried Class Goes Viral

A humorous video by content creator Shrinidhi Hande from Udupi, Karnataka, has taken the internet by storm, amassing millions of…

12 months ago

Tax Clearance Certificate Now Mandatory For Leaving India

The Budget has tightened the criteria for acquiring clearance certificates, which are required to leave India. Starting October 1, everybody…

12 months ago

How Budget 2024 Benefits The Middle Class?

The 2024 budget has introduced several measures aimed at benefiting the middle class. These measures are designed to provide financial…

12 months ago

How to Claim HRA Exemption: A Step-by-Step Guide for Salaried Employees

If you're a salaried employee, your employer might ask you to fill out a declaration form to claim a House…

12 months ago

Delhi Man Pays Rs. 50,000 CA Fee For Income Tax Notice Over 1 Rupee Dispute

A man from Delhi claims to have paid Rs. 50,000 to a chartered accountant after receiving an Income Tax notice,…

1 year ago

Income Tax Return Filing: 60 Days Left! Explore Tax Filing Options

With the July 31 deadline for filing income tax returns (ITR) for the fiscal year 2023-24 approaching, taxpayers are gearing…

1 year ago

Salaried Individuals Advised to Delay Income Tax Return e-Filing; Here’s Reason

The process for e-filing Income Tax Returns (ITR) for the financial year 2023-24 (assessment year 2024-25) has commenced on the…

1 year ago