Explains that HRA exemption is not permitted under the new tax regime and is fully taxable. Key takeaway: employees must compare regimes to avoid higher tax ...
Property gifts between lineal ascendants/descendants are fully tax-exempt but must be documented via a registered deed and ...
If the total tax payable during the year exceeds ₹10,000, a taxpayer is required to pay advance tax. However, there are other ...
Latest income tax slabs FY 2025-26: Finance Minister Nirmala Sitharaman announced sweeping changes in the new income tax regime, announcing revamped income tax slabs and income tax rates for the ...
Understand when you need to pay advance tax in India, especially with new tax regime rules affecting bank interest and ...
A tax tribunal's unusual decision has surprised many. It supported the tax department's move to charge 22% tax on capital gains. This is based on the company's other income tax rate. Experts believe ...
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