Section 80GGC of the Income Tax Act
Section 80GGC is a part of Chapter VI-A of the Income Tax Act, 1961 which include deduction towards donations made […]
Family Pension Taxation: How Much You Can Save?
Family pension is received by the spouse, children, or legal heirs of a deceased person. It is typically 50% of
Income Tax Bill 2025: Changes in Loss Set-Off, Merging of Sections 80TA & 80TTB
The government has introduced the Income Tax Bill 2025, to simplify and consolidate the provisions of Income Tax Act, enhancing
Tax Exemption on Bank Interest: No Tax up to ₹50 Lakh FD
Key Takeaways Tax Benefit on Bank Interest As per budget 2025, a person who deposited up to ₹50,00,000 in Fixed
NPS Vatsalya Scheme: How to Save Taxes Up to Rs 2 Lakh?
NPS Vatsalya Scheme allows parents or guardians to open a National Pension System (NPS) account for their children, ensuring long-term
Tax on YouTube Income: How GST and Income Tax Apply?
Tax on YouTube income is levied in two categories: Taxability Under GST When YouTubers are considered as supplier of services?
GSK Process for GST Registration: What Applicants Must Know?
If a person applying for GST registration, then the applicants must follow these steps based on whether you choose Aadhaar
Direct Tax Code: Upcoming Major Changes in 2026
Direct Tax Code is a proposed legislation set to modernize, simplify and align India’s tax law into a single code
Income Tax Act 2025: Proposed Clauses w.e.f 1st April 2026
Major development is going to happen, a new income tax bill to be tabled today in the Union Cabinet Meeting.
Section 194LBC: New TDS Rates on Securitization Trust Income
Introduction Section 194LBC was introduced by Finance Act, 2016 with effective from June 1, 2016. It applies to securitization trusts,
TDS Rates: Updated Chart As Per Budget 2025
TDS rates are the percentages at which tax is deducted from various types of payments made to individuals or entities.
Invoice Management System: Key Scenarios for GSTR-2B Generation
Invoice Management System (IMS) is a new functionality developed on the GST portal which allows taxpayers to manage their invoices