Tag results for: current assessment year
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...
You will be charged this much tax if you make money through YouTube or Instagram, this government’s rule is strict
Tax rules - Individuals can now develop and make money from content on a variety of social media platforms, including YouTube, Instagram, X (previously Twitter), and others because of...
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...
Income tax update for those earning more than 7 lakhs, take action right away
People are required to file income tax returns when their income rises. In this case, the tax slab is used to determine how much tax to levy on each...
Big information on income tax & the deadline for this work is September 30
The Income Tax Act of 1961 mandates that some taxpayers conduct an income tax's audit of their financial records. A detailed examination of a commercial entity's or a professional...