Income Tax Articles

Leave Encashment Calculation: Formulas & Tax Exemption

Posted by Poojitha Raam Vinay online

02 June 2025 279 Views

Calculate leave encashment with formulas and understand tax exemptions for government and private employees in India under Section 10(10AA).

Exemption vs Deduction: Understand Income Tax Differences

Posted by Poojitha Raam Vinay online

08 December 2025 17 Views

Learn the key differences between income tax exemptions and deductions. Discover how each can reduce your tax liability and which tax regime suits you best.

Section 44ADA: Presumptive Tax for Professionals

Posted by Poojitha Raam Vinay online

22 October 2025 29 Views

Learn who can opt for Section 44ADA, the presumptive taxation scheme for professionals. Understand eligibility, turnover limits, and benefits. Maximize your tax savings!

Section 80E: Tax Benefit on Education Loan Interest 2024-25

Posted by Poojitha Raam Vinay online

26 March 2026 19 Views

Claim tax benefits under Section 80E for education loan interest. Learn about new FY 2024-25 disclosure requirements and eligibility.

Cash Transaction Limits 2026: Stay Updated

Posted by Poojitha Raam Vinay online

24 May 2026 933 Views

Understand the latest cash transaction limits for 2026 in India. Learn about receipt, payment, and withdrawal rules to avoid penalties.

F&O Taxation FY 2024-25: Futures & Options Tax Guide

Posted by Poojitha Raam Vinay online

06 December 2025 94 Views

Understand F&O taxation for FY 2024-25. Learn about non-speculative business income, allowable expenses, loss set-off, and tax audit for futures & options traders.

80C Deduction FY 2024-25: New Rules & Investments

Posted by Poojitha Raam Vinay online

23 July 2026 171 Views

Claim up to ₹1.5 lakh deduction under 80C for FY 2024-25. Discover eligible investments & new mandatory disclosure rules for the old tax regime.

Senior Citizen Tax FY 2024-25: Benefits & Rules

Posted by Poojitha Raam Vinay online

21 September 2025 35 Views

Discover income tax benefits and rules for senior citizens in FY 2024-25. Learn about exemption limits, deductions, and ITR filing for those 60+.

Standard Deduction FY 2024-25: New Rs 75,000 Limit

Posted by Poojitha Raam Vinay online

13 January 2026 118 Views

Discover the updated Standard Deduction for FY 2024-25: now Rs 75,000 under the new tax regime. Learn how it reduces your taxable salary and who can claim it.