HRA Calculation: How to Calculate House Rent Allowance Online
House Rent Allowance (HRA) is an important component of a salaried individual’s overall income. It is a benefit…
What is Advance Tax: How to Calculate, Due Date
Advance Tax is a system of paying income tax in India. It is a mechanism through which taxpayers…
What are the Income Tax Deductions under Section 80C to 80U?
Income tax deductions are important for saving money and planning finances. Sections 80C to 80U of the Indian…
Income Tax for Senior Citizens (Pensioners): A Detailed Guide
Calculating income tax for senior citizens in India is an important part of managing money for elderly people.…
10 Easy Ways to Save Income Tax On Salary
As salaried individuals, one of the most important financial aspects we deal with is income tax saving. It’s…
ITR E-verification Time Limit Reduced to 30 days: File Yours Now
As the deadline for filing ITR for the fiscal year 2022-2023 has arrived, you must note that the…
Over 6 Crore ITRs Filed by July 30; Beware the Costly Consequences of Missing the Deadline
Today, July 31, 2023, is the deadline for individuals and Hindu Undivided Family (HUF) to file their Income…
Old vs New Tax Regime: Which One to Go For?
In recent times, India’s taxation system has undergone a major transformation with the introduction of the new tax…
What Are the Key Deductions Allowed Under the New Tax Regime?
The new tax regime introduced has brought significant changes to the Indian tax landscape. With the aim of…
Should You File ITR Even If You Have No Income Tax Liability?
Individuals who earn less than Rs. 2.5 lakh a year, and have no tax liability, are not liable…