Tag results for: standard deductions 2022
High income tax will be charged if the age is below 60 in the old tax regime
There are now two different tax systems in place in the nation. The old tax system is one, while the new tax system is the other. People are free...
Don’t lie on your ITR about your income, otherwise you may get into trouble!
Fines are enforced by the Income Tax Act (ITR) for a variety of mistakes made by taxpayers. The Income Tax Department also applies penalties for underreporting and misreporting income...
Reduce income tax using these strategies, you’ll have to do this work
Additionally, income tax is due on income. However, there are some ways to avoid paying this tax. Certain investment kinds are eligible for tax deductions under the Income Tax...