Income Tax Articles
Tax on Savings Bank Interest: Complete Guide to Deductions Under Section 80TTA
18 September 2025
3480 Views
Learn how Section 80TTA of the Income Tax Act helps you save tax on savings account interest. Understand eligibility, deduction limit of ₹10,000, difference with Section 80TTB, and how to claim it under the old tax regime.
Direct Tax Vivad Se Vishwas Scheme 2024: Benefits for New Appellants
Direct Tax Vivad Se Vishwas Scheme effective from 1st Oct 2024, offers less settlement amounts for new appellants compared to old appellants.
TDS New Rules: Big Changes for FD Investors and Taxpayers from September 25, 2025
16 September 2025
30469 Views
Budget 2025 brings major TDS reforms effective from September 25, 2025. Higher exemption limits for senior citizens, FD/RD investors, insurance agents, and dividend earners mean less tax deducted at source, better liquidity and simpler compliance for taxpayers.
Late Filing Fees Applies From 17th September 2025: Check How Much will be Levied?
Know late filing fees under Section 234F (Rs 5,000 or Rs 1,000 based on income) and interest under Section 234A, 234B, and 234C. Understand when penalties apply and how timely tax payment can save you from extra charges.
Save Tax on Residential Property Sales by Using Sections 54 and 54F
15 September 2025
844 Views
Learn how to save capital gains tax when selling residential property in India using Sections 54 and 54F. Understand eligibility, timelines, exemptions and smart reinvestment strategies to maximize your tax savings.
Section 194R TDS: Tax on Business Perks Explained
Understand Section 194R TDS on business benefits & perks. Learn rates, applicability, valuation, and when TDS is required. Stay compliant!
ITR 2025: Understanding Deductions in the New Tax Regime
Understand India's new income tax regime for FY 2024-25 (AY 2025-26). Learn about tax slabs, standard deduction, LTCG rules, exemptions and key differences from the old regime.
New Tax Regime Is More Beneficial Than the Old Tax Regime as per Budget 2025
13 September 2025
712 Views
Discover the key tax changes from Union Budget 2025. Compare Old vs New Tax Regime, learn about exemptions up to Rs 12.5 lakh, and see how Excel-based Automatic Income Tax Preparation Software simplifies filing for salaried and non-government employees.
Govt Rolls Out 7 Fresh Senior Citizen Benefits for a Better Life
12 September 2025
11001 Views
Discover the 7 new government benefits for senior citizens, including pension hike, free healthcare, travel discounts, financial aid, and social security schemes ensuring dignity, independence, and a better quality of life for elders
AI Detects Tax Evasion: How the Income Tax Department Uses AI
Discover how the Income Tax Department uses AI for data analytics, pattern recognition, and automated scrutiny to detect tax evasion and improve compliance.
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