Income Tax

Form 15H is self-declaration forms which can be submitted by resident individuals to their banks or financial institutions to request […]

According to section 194 of the Income Tax Act, the principal officer of an Indian company must deduct tax at

Section 193 of the Income Tax Act, 1961 mandates the deduction of Tax Deducted at Source (TDS) on interest earned

Marginal Relief under the Income Tax Act is a mechanism that aims to prevent individuals or entities from facing excessively

TDS on commission refers to the tax deducted by the payer before making commission payments to an agent, broker, or

Key Takeaways Tax Benefit on Bank Interest As per budget 2025, a person who deposited up to ₹50,00,000 in Fixed

Section 194J of the Income Tax Act in India relates to Tax Deducted at Source (TDS) on payments for professional

NPS Vatsalya Scheme allows parents or guardians to open a National Pension System (NPS) account for their children, ensuring long-term

Meaning “Tax year” refers to a twelve-month period which follows the financial year. Financial year begins on 1st April and

Direct Tax Code is a proposed legislation set to modernize, simplify and align India’s tax law into a single code

Major development is going to happen, a new income tax bill to be tabled today in the Union Cabinet Meeting.