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…

7 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…

7 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.

7 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…

7 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…

1 year 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…

1 year 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…

1 year 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…

1 year 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…

1 year 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