Health insurance is vital for financial protection and tax savings under Section 80 of the Income Tax Act 1961. Individual, ...

If you are below 60, you can claim an income tax deduction of up to Rs 25,000. Senior citizens can claim an income tax deduction of up to Rs 50,000. If you pay health insurance premiums for your ...

Union Budget 2025 introduces new tax slabs effective April 1, 2025, offering financial savings for salaried individuals under ...

As the financial year 2024-25 concludes, taxpayers face critical tax-related deadlines today, March 31, to avoid penalties ...

During the fiscal year 2025-26, commencing from April 1, 2025, the New Tax Regime will introduce revised income tax brackets.

Indian taxpayers have the option to switch between the new and old income tax regimes annually, following the changes ...

As financial conditions evolve, the decision between the two regimes remains a crucial factor in determining one’s overall ...

With FY 24-25 ending, taxpayers should seize the opportunity for smart tax planning. Health insurance offers dual benefits of ...

Salaried people who have failed to pay advance tax on extra income also have an opportunity to correct the default.

The new tax slabs under the New Tax Regime for FY 2025-26 are now in effect. Find out how the changes impact salaried ...

With the financial year FY 24-25, drawing a close, individuals and families still have a valuable window of opportunity to ...

As the financial year draws to a close, taxpayers to scramble to minimize their tax outgo. While common deductions under Sections 80C and 80D get all the attention, one powerful yet underutilised ...