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Homec > Tax

Tax

Use this index to save taxes on your profit!
Cost Inflation Index is used to calculate the real profit from sale of a capital asset like property, gold, unlisted shares by adjusting to inflation
Is your income tax verification notice real?
The Income Tax Department has introduced an online tool through which you can check whether the notice you received is genuine or fake. Let's find out how to verify the authenticity of an Income Tax notice?
Power to Respond!
CBDT has added a new function in AIS to make the tax filing system transparent. Through this, taxpayers will not only be able to correct the mistake in AIS but will also be able to check its status. What is Annual Information Statement (AIS)?
How Beneficial is the New Tax Regime
What benefits are available in the new tax regime? Up to how much income no tax will be levied in the new tax system? For whom is the new tax a profitable deal? What changes have been made in the new tax regime?
Tips to save IPO listing gains tax!
In the years 2023 and 2024, many IPOs brought huge earnings for the investors. But tax also has to be paid on this! What is the tax rule on booking listing gains from IPO? How can tax liability on listing gains be reduced? How will the tax be calculated on selling IPO shares?
Make The Right Tax Choice!
The month of April is very important for the salaried class in terms of tax planning. In this month you have to inform your company about the tax regime of your choice. On the basis of this, TDS is deducted from your salary. What is the difference between tax regime and old tax regime? Which regime is suitable for which type of salaried class? How to calculate tax before choosing the regime?
Which regime should you choose?
The decision of choosing between the new and old tax regimes hinges on the extent to which deductions from gross total income can reduce your taxable income. A thorough understanding of this factor will simplify and clarify the decision-making process.
Financial backup for medical treatments
Section 80DDB offers a beneficial tax deduction for medical expenses for treatment of specified diseases.
CBDT says no reopening of HRA mismatch cases
No special drive to review mismatched HRA cases, says Income Tax department
Even These Can Save You Taxes!
Where to invest to save more income tax? Which tax regime has more tax benefits? How does health insurance help you save taxes along with reducing treatment expenses?

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