Vanguard5d
10 Essential Documents for Filing Returns Without Form 16
As per the Income Tax Act, 1961, it is mandatory to file an Income Tax Return (ITR) if your taxable income is more than the ...
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Run-up to Budget 2025: Need for some deduction-related relief in new regime
From the perspective of the salaried employee, the various tax benefits that are denied are: House Rent Allowance, Leave Travel Allowance, deductions under various sections of Chapter VI-A ...
Business Today25d
Tax savings: How rockstar Section 80C is the protagonist of Old Tax Regime; check all deductions
An increase in this limit could promote higher savings and improved financial planning. Previously, the Income Tax department implemented various deductions from taxable income in Chapter VI A.
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Tax savings: How rockstar Section 80C is the protagonist of Old Tax Regime; check all deductions
Those selecting the new tax regime are not eligible for this deduction. Each year, taxpayers anticipate an increase in the Section 80C limit in the ... income in Chapter VI A.