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

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 ...

The Select Committee has been mandated to submit its report on the bill by the first day of the next session of Parliament.

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

Many NRIs using Double Taxation Avoidance Agreement (DTAA) are getting Income Tax notices for claiming benefit of lower or ...

Maruti Suzuki shares slipped after a Rs 2,966 crore tax demand, but the company assured no operational impact. Investors ...