12 key income tax form changes every taxpayer should know: From Form 16 to Form 168A new Income-tax Act arrives on April 1, 2026. It brings fresh income tax forms and replaces many old ones. Taxpayers will use these new fo...
08 May, 2026, 10.09 AM IST
Is the Indian middle class dream over? Saurabh Mukherjea on the 3 forces crushing your futureIndia's middle class is in deep trouble. Education no longer guarantees prosperity. Jobs are disappearing, especially in IT. Wages are not ...
21 Apr, 2026, 09.52 AM IST
Form 121 replaces Form 15G, 15H for TDS filing: Check who should file, purpose and key details explainedForm 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior citizens to declare i...
04 Apr, 2026, 02.26 PM IST
Budget 2022: Any change in standard deduction for salaried, pensioners in FY2022-23?There was an expectation of hike in the amount available to claim as standard deduction due to the higher cost borne by employees to work f...
01 Feb, 2022, 08.01 PM IST
Assocham for raising tax exemption limit to Rs 5 lakh in BudgetThe government is scheduled to present its first full Budget on July 5, for the current financial year.
09 Jun, 2019, 11.39 AM IST
Budget 2018: Here are the tax reliefs that salaried tax-payers are hoping forHere are some changes in the exemption limits and deductions on various allowances which the salaried taxpayers are expecting in Budget 201...
29 Jan, 2018, 06.30 AM IST
Salaried taxpayers to get SMS alerts on TDS deductionsArun Jaitley said salaried class cannot afford to pay tax twice or indulge in litigations and hence they should be kept updated about their...
25 Oct, 2016, 10.19 AM IST
Individuals' advance tax date is 3 months earlier this year: Pay by June 15 else bear heavy interestThis has significantly increased the income tax compliance burden on individual tax payers.
14 Jun, 2016, 06.04 PM IST
Government must undo Chidambaram's injustice and bring back standard deduction for salariedChidambaram withdrew the standard deduction on the grounds that there was an equivalent increase in basic exemption limit and in 80C deduct...
22 Jan, 2016, 11.11 AM IST
Special I-T return counters for salaried tax payersThe income tax department will open special I-T return counters for salaried tax payers between August 24-31 at Pratyaksha Kar Bhawan here.
24 Aug, 2015, 11.13 AM IST
- Earning up to Rs 5-L salary? No need to file returns
The relief, however, comes with some terms & conditions.
28 Feb, 2012, 07.34 AM IST
- Claim tax relief for arrears or advance salaries
Vikas Vasal, Executive Director, KPMG, offers tips on various tax-related issues.
27 May, 2010, 01.46 AM IST
- Your house can be a personal tax haven!
A roof over your head is a big security. Besides, your house also offers certain tax incentives whether you own it or rent it. More Tax New...
12 Mar, 2009, 02.55 PM IST
- I-T to tighten TDS norms for non-salaried
The income tax department is set to tighten norms for deducting tax at source. The department, which had found laxity in filing of TDS retu...
11 Oct, 2006, 03.45 AM IST
- No releif for salaried class for filing returns
The tax department has extended the deadline for filing tax returns to October 31 from July 31, for those filing non-auditable accounts.
24 Jul, 2006, 08.30 PM IST
- AIR to door: Taxman won’t come knocking at will
The recent uproar over the income tax department seeking cash flow statements of individual tax payers could result in some safeguards bein...
11 Jul, 2006, 03.36 AM IST
- Life may become Saral again
Revenue secretary K Chandrasekhar on Thursday indicated that the revenue department may exempt lower level salaried tax payers from the new...
09 Jun, 2006, 02.48 AM IST