6 tax mistakes to avoid in first year of retirement: ITR filing, Form 15H, gratuity and NPS taxation explainedThese can increase your tax liability and also result in penalties, fines and notices from the tax department.
27 Jan, 2026, 03.32 PM IST
Untaxing days ahead for Indians?India's new direct tax law in 2025 simplifies income tax. It introduces a uniform tax year and consolidates salary exemptions. Optional joi...
17 Dec, 2025, 11.49 PM IST
What is the deadline to file a revised income tax audit report? When can you submit a revised tax audit report?Revised tax audit deadline: You have to file an tax audit report on or before October 7, 2024. "For the current assessment year of 2024-25,...
12 Oct, 2024, 11.57 AM IST
What is most tax-efficient way to encash my leaves before March 2024?Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
09 Jan, 2024, 03.36 PM IST
New tax slabs, no tax on income up to Rs 7 lakh in new tax regime, 13 changes in 2023 that will impact you in 2024Many changes were announced in the Budget 2023 as well as during the year in 2023 by the Central Board of Direct Taxes (CBDT). These change...
05 Jan, 2024, 11.26 AM IST
New income tax slabs under new tax regime, no LTCG tax benefit on debt mutual funds: 15 income tax changes from April 1Budget 2023 has made many changes under the Income Tax Act, 1961. Some of these changes will come into effect from the start of new financi...
03 Apr, 2023, 05.28 PM IST
How will Budget 2023 tax changes impact investors?Under the new tax regime, the rebate for income tax has been increased to Rs 7 lakh from the earlier limit of up to Rs 5 lakh. The budget a...
12 Feb, 2023, 06.09 PM IST
Budget 2023: Consistency in tax provision and not too many nasty surprisesAt a macro level, the containment of the fiscal deficit and the significant emphasis on capital spend were the two things that industry was...
03 Feb, 2023, 03.13 PM IST
Union Budget: 10 things individual taxpayers should knowSurcharge for taxpayers with taxable income more than 5 crore has been reduced to 25% from 37% under the new tax regime. The highest tax ra...
02 Feb, 2023, 10.37 AM IST
All the important Budget 2023 announcements that impact salaried taxpayersThe Budget seems to attract and enhance the common taxpayers' sentiments by providing numerous tax benefits. However, one needs to be mindf...
01 Feb, 2023, 06.06 PM IST
Incomes that are exempted under the new tax regimeThough an individual cannot claim certain deductions in the new tax regime, however, a certain type of incomes remain tax-exempted under th...
04 Mar, 2022, 01.31 PM IST
What Nirmala Sitharaman's consumption boost of Rs 1 lakh crore looks likeCentral government employees that have not been able to avail leave travel concession (LTC) – air or rail fare as per scale and tax exempt ...
12 Oct, 2020, 04.46 PM IST
Budget 2020 may tax employer's excess contribution to EPF, NPS twiceThe budget proposal was made to restrict the tax-exempt contribution by employer to EPF, NPS and superannuation fund to Rs 7.5 lakh in an F...
14 Feb, 2020, 12.32 PM IST
- Query corner: Taxation
Our expert guides you in matters relating to taxation.
25 Jan, 2011, 05.58 AM IST
- Query corner: Taxation
Our expert Vaibhav Sankla, executive director, Adroit, guides you in matters relating to taxation.
14 Dec, 2010, 05.33 AM IST
- TUs oppose tax on PF withdrawals
Central trade unions on Thursday joined hands to mount pressure on the government to shelve the new Direct Taxes Code, which proposes to ta...
15 Jan, 2010, 03.47 AM IST
- Govt looks to implement new I-T law from 2011
The new tax code makes radical changes in all areas of taxation, aiming to improve its efficiency and expand the tax base. Non-taxable inco...
13 Aug, 2009, 01.30 PM IST