Exemptions, deductions and rebates may sound similar, but they work at different stages of tax calculation and directly ...
As per the existing income tax rules, salaried employees in only four metro cities of Delhi, Mumbai, Kolkata and Chennai are ...
Experts say raising allowance exemptions, tilts incentives towards old regime for allowance-heavy salaried employees, though ...
Income Tax Department unveils new Income Tax Act, 2025 rules with simpler returns, higher exemptions, and streamlined compliance for taxpayers in India.
New income tax rules raise meal, gift, and mobility allowance exemptions from April 1, boosting take-home pay and simplifying employee benefits.
The government plans to widen HRA tax benefits by adding more cities to the 50 per cent exemption list, offering relief to salaried urban renters.
Before you claim a key deduction, make sure you qualify.
Exemption on insurance interest awards, nil deduction certificates for small taxpayers, and extension of the ITR filing deadline for non-audit cases to 31 August, key updates for individual taxpayers ...
SCSS is a government-backed small savings scheme designed for senior citizens to keep their finances steady after retirement.
As income tax filing season approaches and public attention has turned to the RM37,333 personal tax exemption threshold, ...
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New income tax draft proposes higher education allowance exemptions, old tax regime may regain appeal
The government’s draft of the new Income Tax Rules, released on February 7, 2026, could significantly alter how salary income is taxed in India. The proposed changes focus on revising exemption limits ...
Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax ...
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