Tax Exemption on Bank Interest: No Tax up to ₹50 Lakh FD
Key Takeaways Tax Benefit on Bank Interest As per budget 2025, a person who deposited up to ₹50,00,000 in Fixed […]
NPS Vatsalya Scheme: How to Save Taxes Up to Rs 2 Lakh?
NPS Vatsalya Scheme allows parents or guardians to open a National Pension System (NPS) account for their children, ensuring long-term
Tax on YouTube Income: How GST and Income Tax Apply?
Tax on YouTube income is levied in two categories: Taxability Under GST When YouTubers are considered as supplier of services?
GSK Process for GST Registration: What Applicants Must Know?
If a person applying for GST registration, then the applicants must follow these steps based on whether you choose Aadhaar
Deductions Allowed to Salaried Individuals in New Tax Regime
Budget Update Starting from 1st April 2025, a salaried individual earning up to Rs.12,75,000 is exempted for pay tax. Eligibility
Direct Tax Code: Upcoming Major Changes in 2026
Direct Tax Code is a proposed legislation set to modernize, simplify and align India’s tax law into a single code
Income Tax Act 2025: Proposed Clauses w.e.f 1st April 2026
Major development is going to happen, a new income tax bill to be tabled today in the Union Cabinet Meeting.
Form 26QB: TDS on Property Sale For FY 2024-25
What is Form 26QB? Form 26QB is a challan-sum-statement used to pay TDS while purchasing an immovable property in India.
Section 194LBC: New TDS Rates on Securitization Trust Income
Introduction Section 194LBC was introduced by Finance Act, 2016 with effective from June 1, 2016. It applies to securitization trusts,
TDS Rates: Updated Chart As Per Budget 2025
TDS rates are the percentages at which tax is deducted from various types of payments made to individuals or entities.
Income Tax For Senior Citizens: Limit Doubled For FY 2025-26
Income Tax for Senior Citizens above 75 years are exempt from paying income tax. Who are called Senior Citizens? Senior
80GGC: IT Dept Begins Verification of Donation Deductions
Section 80GGC is a part of Chapter VI-A of the Income Tax Act, 1961 which include deduction towards donations made