Income Tax

Tax Deducted at Source (TDS) is a mechanism under the Income Tax Act, 1961, where the payer deducts tax at […]

The dispute between CA and CMA audit mandates is a high-stakes legal and professional fight within India’s financial sector. It

Paying TDS (Tax Deducted at Source) in India can be done easily through the official Income Tax e‑Filing portal (formerly

While filing ITR, many taxpayers often face validation errors which can be frustrating. To effectively solve these issues, there are

For homeowners in India, the Equated Monthly Installment (EMI) is a major financial commitment. However, the tax benefits on a

Form 10IEA allows taxpayers to choose between the old and new tax regimes. With effect from AY 2024-25, the new

New tax regime under section 115BAC of the Income Tax Act was introduced in the 2020 budget by Finance Minister

Navigating the intricacies of income tax can be challenging, especially for senior citizens. For the Financial Year 2024-25 (Assessment Year

Even though exempt income is not taxable, but you must mandatorily disclose in the Income Tax Return under the “Exempt

For any working professional in India, planning for a financially secure retirement is paramount. While the Employee Provident Fund (EPF)

In India, linking your Permanent Account Number (PAN) with Aadhaar has been a mandatory requirement for taxpayers since 2017. This

Self contra entries refer to transferring your own money from one bank account to another account. This includes transfers between: