Minimum threshold of deductions at which it is rational for taxpayers to opt for old tax regime is ₹4 lakh, and not anything ...

The new tax regime permits taxpayers to file their returns at reduced tax rates but does not allow them to claim most tax ...

As a salaried professional and a parent, choosing the right life insurance plan is key to both saving tax under Section 80C ...

“The Select Committee, after a detailed examination of Clause 19 of the original Income-tax Bill, 2025, identified a critical ...

Filing ITR for the first time might appear daunting, but knowing the basics and preparing in advance can prevent you from making costly errors and last-minute stress. Here's what you should consider ...

Some people choose the old tax regime, and some people choose the new tax regime. Last year, the government announced that income up to Rs 12 lakh is free. But if you are choosing the new tax regime ...

Here's a step-by-step checklist that will help you understand who needs to file, which ITR form to choose, what documents to keep handy, and the deadline to avoid penalties.

When filing the income tax return, salaried taxpayers do not have to do much, other than arrange Form 16 (issued by the employer) and an interest certificate (issued by the bank).

As tax season peaks, many salaried individuals are exploring ways to save — one popular tactic being to claim HRA by showing ...

TaxBuddy's success is in making tax filing less of a chore and more of a habit, aided, intelligent, and hassle-free. And by ...

Introducing the bill, FM Nirmala Sitharaman said that the bill seeks to consolidate and amend the law relating to income-tax ...

Under the old tax regime, you can set off losses from house property (like high interest on home loans) against other income, up to Rs 2 lakh and can claim deductions under Section 80C for ...