ITR-4 or ITR-3? Know which ITR form to file under presumptive taxation scheme and the documents requiredTaxpayers using the presumptive taxation scheme must select the correct Income Tax Return form. Generally, ITR-4 is suitable for individual...
20 Jul, 2026, 11.23 AM IST
ITR 2026: Common income tax return filing mistakes that cost employees lakhsA careful, timely, and well-documented filing approach can help employees avoid notices, interest, penalties, and refund delays while ensur...
16 Jul, 2026, 12.12 PM IST
Fired employee gets Rs 26 lakh severance pay, but didn't pay income tax; loses tax battle in ITAT Hyderabad for this key reasonIn a landmark decision on November 19, 2025, the ITAT Hyderabad ruled that severance packages is to be classified as taxable income under p...
05 Dec, 2025, 01.06 PM IST
Senior Citizens’ Savings Scheme: Disadvantages of SCSS you should know before investingAssured income, protection of capital and regular payouts is what makes it attractive. The Senior Citizens' Saving Scheme (SCSS) also provi...
19 May, 2023, 01.28 PM IST
Senior Citizen Savings Scheme's investment limit increased to Rs 30 lakh: Budget 2023Senior Citizen Savings Scheme (SCSS) Investment Limit: For the quarter ending March 31, 2023, the government has raised the interest rate f...
21 Feb, 2023, 11.46 AM IST
Senior Citizens’ Savings Scheme: Govt clarifies on interest rate payable after death of SCSS account holderThe SCSS's interest rate is determined by government policy, and it provides account holders with a consistent income during their retireme...
30 Sep, 2022, 10.51 AM IST
How to choose right tax saving options for senior citizensSCSS is a government backed retirement savings programme. The scheme has a maximum limit of Rs 15 lakhs or the Retirement Corpus, whichever...
28 Oct, 2021, 09.24 AM IST
Did you retire between Feb and April? You can open Senior Citizen Savings account till Jun 30The decision to relax the regulatory provisions has been taken to safeguard the interest of small savings depositors in the view of the loc...
28 May, 2020, 09.35 AM IST
Changing jobs? Here's how to minimise tax impactFrom correct deduction of TDS to payment of advance tax, here’s how to deal with various taxation issues that may arise when you switch job...
12 Sep, 2016, 05.26 PM IST
Plus and minus points of Senior Citizens’ Savings SchemeSCSS offers tax benefits under Sec 80C and allows premature withdrawals. However, there are a few problems that need to be fixed.
31 Aug, 2015, 08.24 AM IST
A look at various financial products offered by the Post OfficePost office is not sliding into oblivion. Its small savings schemes are a favourite with investors, and if India Post bags the banking lice...
15 Jul, 2013, 08.44 AM IST
- Query Corner: Taxation
Our expert guides you in matters relating to taxation.
19 Oct, 2010, 02.56 AM IST
- Query corner: Tax
Vaibhav Sankla, Executive Director, Adroit helps with your tax planning.
22 Jun, 2010, 12.52 AM IST
- Govt drops plan to tax PF withdrawals
In a major relief to the middle class, the Centre has proposed to drop earlier suggestions of taxing withdrawals from provident funds, pens...
16 Jun, 2010, 12.27 PM IST
- FM hints saving plan for pensioners
NEW DELHI: In a move which would take the sting out of the personal income-tax proposals in this Budget, the Finance Minister has hinted at...
14 Mar, 2002, 12.14 AM IST