Usually, an employee's salary structure has HRA as one of its components. A salaried employee can claim tax exemption on HRA ...

File your updated ITR-U for AY 2023-24 by March 31, 2025, to save on additional tax! Filing before the deadline incurs a 25% ...

The income tax department will check and match your current income tax return filed with the previous year's ITR from next ...

Finance Minister Nirmala Sitharaman announced unprecedented tax relief in the Budget to support domestic production and ...

The new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament, Finance Minister Nirmala ...

Taxpayers must meet several critical income tax deadlines before March 31, 2025, as the financial year comes to an end.

Tax collections have been increasing year-on-year, she said adding that the ₹1 lakh crore forgone has been factored in while ...

Sitharaman asserted that granting tax authorities access to digital records is crucial for addressing tax evasion. Her ...

The Finance Minister said in the Lok Sabha that SMS and e-mails were sent to around 19,501 taxpayers, asking them to review ...

There will be more tax-saving options in the new financial year, along with ease of tracking your investments and a new ...

Union Finance Minister Nirmala Sitharaman defended the new Income Tax Bill, 2025, highlighting digital surveillance in ...