Selecting the incorrect Income Tax Return (ITR) form can result in incomplete reporting of information, potentially leading ...

The purpose of section 194P is to provide relief to those senior citizens whose income is limited and who feel unable or ...

A basic understanding of income tax slabs and how they change with every Union Budget can help you plan your finances better.

Investments up to a limit of Rs 1.5 lakh in a year in a PPF account are eligible for tax deductions under Section 80C of the ...

The Income Tax Return (ITR) filing deadline for non-audit taxpayers for FY 2024-25 (AY 2025-26) is July 31, 2025. The Income ...

The assessee had claimed a deduction of ₹1.5 lakh u/s 24 (b) for interest on a self-occupied house & an additional ₹39.43 lakh u/s 57, allegedly for loan interest used to earn income. Further, the ...

The government-backed Post Office Public Provident Fund (PPF) delivers attractive returns of 7.1% annually together with tax ...

Many individuals will opt for the new tax regime for FY 2025-26. This is due to the new income tax slabs introduced from ...

For policies issued on or after April 1, 2025, where premium exceeds Rs. 2.5 lakh annually, maturity proceeds for non-senior ...