Tag results for: calculate taxable income
Can I utilise HRA to reduce my taxes for more than one home? Know the rules here
In Mumbai, Sachin Patel resides in a rental home. His folks are tenants in yet another Ahmedabad home. He is covering the cost of both homes' rent. He possesses...
ITR update: Not even one rupee in taxes will need to be paid on this kind of income
People in the salaried class are frequently seen worrying about tax savings. The deadline for submitting an Income Tax Return (ITR) this time was July 31. After that, customers...
Income Tax Rules: As a result of a new rule for government employees, take-home pay will increase
A new rule is in effect for the country's millions of employed workers starting today. The salaried class's in-hand pay will rise following this rule's adoption. Yes, the Income...
Take these steps to receive your income tax refund soon, otherwise a delay will occur
A tax return must be filed by every taxpayer with taxable income. In addition, qualifying individuals receive income tax refunds upon the submission of their tax returns. However, delays...
PM Modi’s major announcement on ITR, income increased from 4 lakh to 13 lakh
If you have also submitted an income tax return (ITR), you must be aware of this information. According to data from ITR filings, the average income has tripled over...
ITR filing: This is an assured way to get an income tax exemption for the next fiscal year
The people must also pay more taxes to the government as their income rises. People are required to report their income and file ITR each year. Taxes must also...