On the basis of the return earned on money invested by parents, children may also have to pay income tax.
Did you know that one can claim both House Rent Allowance (HRA) and tax exemption on home loan interest while living in a rented house.
You can get the benefit of deduction under Section-80D of Income Tax on the premium paid for purchasing this insurance.
Taxpayers with annual income up to Rs 50 lakh, whose income tax dispute does not exceed Rs 10 lakh, will be able to take advantage of e-dispute scheme
People deposit money in EPF account for their old age. Now the government will levy tax on interest earned
Experts say that you should work on tax saving schemes throughout the financial year.
CBDT has recently notified the ITR forms for the financial year 2021-22. However, there has been no change in the ITR forms of different categories
The Supreme Court has upheld the notices of the income tax department using the extraordinary powers conferred by Article 142 of the Constitution.
Online gaming industry may be subject to a uniform tax of 28 per cent. Experts believe entire gaming industry will be hit hard if govt raises tax rate
There is a lot of confusion about the new tax regime. Which tax regime will be right for you..