Income Tax

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

The Indian Income Tax (IT) Department uses advanced tools like data analytics and Artificial Intelligence (AI) to track high-value financial

Income Tax Department has notified a new form via Notification No. 49/2025 dated 19th May 2025 which has now been

Dearness Allowance is the additional payment the Government and Public Sector Entities make to their Employees and Pensioners. Key Takeaways

As per the Income Tax Act (Section 80-IAC), a startup is an entity (company or LLP) incorporated between April 2016

Pension means a regular payment, made to retired individuals from an investment fund to which an employer has contributed during

Section 80TTB offers senior citizens a deduction on interest income from bank deposits. The benefit is available exclusively under the

Section 80CCH of the Income Tax Act was introduced to provide a special tax benefit for soldiers enrolled under the

Section 80GG deduction is available under Chapter VI-A which provides tax relief to individuals who incur expenses on rent for

Salary Arrears refers to the pending salary or dues received in a lump sum for past financial years. It usually

Revised income tax return is a corrected version of your original tax return. Filing a Revised Income Tax Return (ITR)

Filing income tax returns is a crucial responsibility for every taxpayer. However, it’s not uncommon to realize errors or omissions