This income tax deduction is offered for the contributions made by the employer towards National Pension System (NPS).

In this section you'll find photographic features that explore holidays and photography courses, details about members meetings, trials and tribulations of installing new software along with ...

No more running after proofs, no more figuring out which investment saves the most tax. Just take your total income, slap on the tax rate, and boom—you’re done. No last-minute scrambling, no endless ...

The new tax regime starting April 1, 2025, could offer tax savings compared to the old regime, reducing liabilities by up to ...

Key amendments introduced under the new tax regime for FY 2025-26 (AY 2026-27) 2. No Tax upto 12 lakh Enhanced Tax Rebate (Section 87A): The tax rebate under Section 87A has been enhanced and ...

We often hear about businesspeople or movie stars paying advance taxes amounting to crores of rupees. The deadline for paying ...

The Finance Ministry has repeatedly said that the objective of the new Income Tax bill is to simplify the tax system but will it really do so for the regular taxpayer? Follow our live blog here for ...

Are exemptions under 80C available in the new tax regime? No. Tax exemption on certain investments and expenses under Section 80C is not allowed under new tax regime. What information do I need to ...

Expecting to hear from you soon. If your deductions from HRA, 80C, 80D, etc., is not likely to cross Rs 5 lakh, new tax regime is likely to be beneficial as per proposal of budget 2025-26.

PIT collection as a share of GDP surged, new tax regime introduced, simplification exercise in new Income Tax Bill.