Articles by Pranab Banerjee

Tax on Savings Bank Interest: Complete Guide to Deductions Under Section 80TTA

18 September 2025 3411 Views

Learn how Section 80TTA of the Income Tax Act helps you save tax on savings account interest. Understand eligibility, deduction limit of ₹10,000, difference with Section 80TTB, and how to claim it under the old tax regime.

TDS New Rules: Big Changes for FD Investors and Taxpayers from September 25, 2025

Posted by Pranab Banerjee

16 September 2025 30458 Views

Budget 2025 brings major TDS reforms effective from September 25, 2025. Higher exemption limits for senior citizens, FD/RD investors, insurance agents, and dividend earners mean less tax deducted at source, better liquidity and simpler compliance for taxpayers.

Save Tax on Residential Property Sales by Using Sections 54 and 54F

Posted by Pranab Banerjee

15 September 2025 822 Views

Learn how to save capital gains tax when selling residential property in India using Sections 54 and 54F. Understand eligibility, timelines, exemptions and smart reinvestment strategies to maximize your tax savings.

New Tax Regime Is More Beneficial Than the Old Tax Regime as per Budget 2025

Posted by Pranab Banerjee

13 September 2025 705 Views

Discover the key tax changes from Union Budget 2025. Compare Old vs New Tax Regime, learn about exemptions up to Rs 12.5 lakh, and see how Excel-based Automatic Income Tax Preparation Software simplifies filing for salaried and non-government employees.

Govt Rolls Out 7 Fresh Senior Citizen Benefits for a Better Life

Posted by Pranab Banerjee

12 September 2025 10968 Views

Discover the 7 new government benefits for senior citizens, including pension hike, free healthcare, travel discounts, financial aid, and social security schemes ensuring dignity, independence, and a better quality of life for elders

Which ITR Form Applies to Your Income for Income Tax Filing FY 2024-25 (AY 2025-26)?

Posted by Pranab Banerjee

11 September 2025 1858 Views

Confused about which ITR form to file for AY 2025-26? Learn the latest rules, eligibility, and updates for ITR-1, ITR-2, ITR-3, and ITR-4 under FY 2024-25. Simplified guide to avoid mistakes, penalties and choose the right form.

Income Tax New Rules 2025-2026: TDS Form to Change from April 1, 2026

Posted by Pranab Banerjee

10 September 2025 9260 Views

From April 1, 2026, Income Tax New Rules 2025-2026 will bring a revised TDS form, new disclosure requirements and digital-first compliance. Learn how these changes impact salaried employees, employers, and businesses, and how to prepare in advance.

Last Date of Income Tax Filing with ITR for the AY 2025-26: What Happens If You Miss It?

Posted by Pranab Banerjee

08 September 2025 4906 Views

The last date for Income Tax Return filing for AY 2025-26 is September 15, 2025, with no further extensions. Learn penalties, interest, and consequences of missing the ITR deadline, plus tips to file on time.

The New Rate of GST: Full List and Rate Chart Effective from 22 September 2025

Posted by Pranab Banerjee

06 September 2025 33952 Views

Discover the new GST rates effective from 22 September 2025. Learn how reduced taxes on food and medicines, higher levies on luxury goods, and simplified compliance rules will impact consumers, businesses, and the economy.

Opting for the New Tax Regime? Discover 5 Key Benefits You Shouldn't Miss and Check your Tax Liability

Posted by Pranab Banerjee

05 September 2025 2530 Views

The Union Budget 2025 introduces a revamped new tax regime with revised slabs, higher deductions, and simplified filing. Explore five key benefits, including more savings, stress-free compliance, better cash flow and flexibility to switch between regimes.