Only Indian residents can open a PPF account. It has a minimum tenure of 15 years. The principal amount invested and the ...

If you file your ITR under New Tax Regime, there will not be any tax payable, as it will be covered under Tax Rebate (u/s ...

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

The second page of the letter contains a full tax calculation, which sets out the different sources of taxable income which ...

The central government has given a big relief to the employed citizens in this year's budget. Income up to Rs 12 lakh has ...

The letters, known as Simple Assessment Letters or Tax Calculation Letters, are typically sent out between June and March.

Retirement often feels far off for adults in their 30s and 40s, making it easy to put off saving. But once you hit your 50s, ...

Salaried taxpayers often face higher tax deductions at source (TDS) on their salaries despite having paid TDS or tax ...

The Department for Work and Pensions (DWP) has urged people providing unpaid care for a friend, family member or neighbour to ...

The DWP Minister continued: “Winter Fuel Payments will continue to be paid to pensioner households with someone receiving Pension Credit or certain other income-related benefits. They will continue to ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...