New labour codes mandate higher provident fund contributions for employees. This change reduces monthly take-home pay for many salaried ind...

ITR Deadline: The deadline for filing Income Tax Returns (ITR) for taxpayers with non-audit business or professional income is August 31, 2...

Indian man working in Singapore gets $3.14 lakh from redemption of units of Bermuda focussed investment fund; Tax dept deems it black money...

You can claim full tax exemption on VRS if the scheme was launched under special framework; Know how it works for employees claiming VRS.

Amit Arora shared the dilemma of his cousin, who earns Rs 58 LPA in Pune and can save Rs 30 lakh annually while living with family. A Tokyo...

An Indian professional living in the US says he was able to save more on a Rs 25 lakh annual salary in India than on his current US income ...

Foreign workers are largely staying in Gulf countries despite six months of conflict, choosing higher, tax-free salaries over weaker prospe...

Severance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says

Voluntary Provident Fund offers a stable retirement savings avenue for salaried employees. Additional VPF contributions can significantly g...

A content creator highlighted what she calls the "Rs 1-2 lakh salary trap," arguing that this income range, while seemingly comfortable, le...

For the assessment year 2026-2027, new changes have been introduced impacting those filing ITR-4. Taxpayers need to be aware of six major u...

Taxpayers engaged in business activities must submit either ITR-3 or ITR-4 by the deadline of August 31, 2026. While ITR-4 simplifies the p...

Digital payments and tax reforms have significantly altered middle-class spending habits. GST has streamlined consumption taxes, impacting ...

Employee switched job and got Rs 30 lakh salary on which TDS was deducted, forgot to file ITR, Tax dept sent notice and imposed Rs 3.74 lak...

The Employees Provident Fund (EPF) presents a government-backed savings scheme, ensuring consistent interest rates with mandatory contribut...

Employees who are on a salary may find themselves receiving tax notices following their income tax return filings. These notices typically ...

BJP national spokesperson Shehzad Poonawalla has resigned from the party, citing pressing financial and personal circumstances. In his firs...