Tag: tax deductions
TDS on Rent: Overdeducted? Here’s How to Get It Back with a Simple Step-by-Step Process
If the rent of your house is more than Rs 50,000, you should know that TDS is also deducted...
No Tax Deductions on These Expenses Anymore: Government Clarifies New Policy
The Income Tax Department on Thursday said that taxpayers will not be allowed to claim deductions for expenses made...
Tax Saving Tips: Save Lakhs at the Last Moment with These Effective Strategies
The financial year 2024-25 is ending soon, and the new financial year 2025-26 will begin on April 1. If...
5 Best Small Savings Schemes for Section 80C Benefits: Check the Complete List
Post Office Schemes are still very popular among investors as they are considered safe and secure. There is no...
Earn ₹15 Lakh Annually? Save ₹48,000 More with This Tax Deduction Under the Old Tax Regime
Income Tax Calculation: Since the Union Budget was presented on February 1, 2025, many taxpayers have been wondering whether...
Can You Be Fined 100% for High Cash Transactions? Know the Latest Tax Rules
The government wants to promote digital transactions, so rules have been set to prevent payments in cash beyond a...
HRA Exemption: Calculate Your Potential Savings and Claim the Benefit
HRA Exemption: Almost every employed person finds it challenging to file an income tax return (ITR) as soon as...