Author name: Ram Sharma

Family pension is received by the spouse, children, or legal heirs of a deceased person. It is typically 50% of […]

The government has introduced the Income Tax Bill 2025, to simplify and consolidate the provisions of Income Tax Act, enhancing

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 allows parents or guardians to open a National Pension System (NPS) account for their children, ensuring long-term

Direct Tax Code is a proposed legislation set to modernize, simplify and align India’s tax law into a single code

Major development is going to happen, a new income tax bill to be tabled today in the Union Cabinet Meeting.

What is Form 26QB? Form 26QB is a challan-sum-statement used to pay TDS while purchasing an immovable property in India.

Introduction Section 194LBC was introduced by Finance Act, 2016 with effective from June 1, 2016. It applies to securitization trusts,

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 above 75 years are exempt from paying income tax. Who are called Senior Citizens? Senior