income tax

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Understanding section 80CCG of the Income Tax Act ( Rajiv Ga…

Find out everything you need to know about making the most of section 80CCG

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Incomes that will be tax-free under the new tax structure

Earning incomes from these income sources will not attract any tax liability in the hands of the taxpayer

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Income tax in India: An interesting history

While Manusmriti laid down the overall principles of taxation from the ancient times, the Income Tax Act of 1922 was a comprehensive law that today’s regulations draw heavily from.

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13 Income components exempted under the new tax regime

The new tax regime has dropped several deductions and exemptions, but there are some incomes that will remain tax-free.

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Professional Tax: Everything you must know about it

Do you know what Professional Tax is? Your salary slip may be a Professional Tax deduction every month. Here’s why.

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Form 12BB: Investment Declaration 101

Salaried employees need to declare their investments through Form 12BB to claim tax deductions. Learn what is Form 12BB and the various deductions that can be claimed through it.

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New tax regime vs old tax regime: Should you switch?

Individual taxpayers now have the option to continue with the existing tax structure or shift to the new slabs in FY 2020-21.

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Dummy’s guide to Form 16

As tax planning season comes around, you should be on the lookout for ways to save tax. But remember to look beyond section 80(C)!

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Smart ways couples can save on income tax

Looking for tax exemptions that couples can avail? Read this to know more.

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A dummy's guide to Form 26AS

Form 26AS is one of the most important documents for taxpayers. Here's everything you need to know about its different sections to filing returns with the form.

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  • Views : 670