Salaried employees can claim child education allowance tax exemption under the old tax regime. This exemption is available for up to two ch...

ITR Filing 2026: Income Tax Return forms now require additional details for Section 80G deductions. Taxpayers must report transaction refer...

Salaried employees face a crucial tax decision between old and new regimes. The new tax regime offers lower tax liability across various in...

A government proposal may allow employees to voluntarily reduce their EPF contributions. This change could increase immediate take-home sal...

Taxpayers should gather documents and choose the correct tax regime and ITR form. Verify Annual Information Statement and Form 26AS details...

The new Income Tax Act, 2025, takes effect from April 1, 2026, maintaining current tax slab rates. Highest tax rate remains 30% for incomes...

Non-resident Indians (NRIs) and overseas citizens of India (OCIs) can consider investing in FCNR(B) and NRE fixed deposits to achieve relia...

The Employees' Pension Scheme 2026 has been introduced, replacing older pension plans. This new scheme maintains the existing pension calcu...

An investment must first stand up as an investment, and be a tax-saver only by accident. However, this problem has now solved itself. The n...

Miscounted days in India, missed NRO interest and TDS mismatches can invite notices from a data-savvy tax department.

India faces England in the second T20I at Manchester, with captain Shreyas Iyer seeking his first win. Following a series loss to Ireland a...

Senior citizens can now secure fixed deposit interest rates up to 8.3% for a three-year term with select small finance banks, offering a lu...

India's burgeoning talent pool, now the third-largest globally, presents a strategic hiring challenge. With over two million professionals ...

Parents can open a Public Provident Fund (PPF) account for their minor children to secure their future, benefiting from compounding over th...

Retirement planning often pits National Pension System (NPS) against equity mutual funds. While mutual funds offer flexibility and potentia...

Homeowners can now potentially claim tax deductions on interest paid for both their original home loan and a subsequent loan taken to repay...

Understanding Tax Deducted at Source (TDS) on your salary is crucial. Employers calculate your annual tax liability based on declared incom...