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No income tax on earning up to 7 lakh
This system was introduced in the budget of the year 2020. This regime offers lower tax rates for taxpayers who do not avail rebates and deductions.
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Just a dream: Increasing the 80C limit
Under the section 80C, the amount of maximum tax deduction that one can claim is wholly availed through provident fund contributions
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Income tax refunds worth Rs 1.19 lakh crore issued to 1 crore taxpayers
This also includes refunds of Rs 67.99 lakh of AY 2021-22, which amounted to Rs 13,140.94 crore.
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9 ways to cut your income tax outgo
If you have obtained health insurance for yourself, your spouse, your children, and your parents, you can claim a premium refund of up to Rs 25,000.
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Over 2.38 crore I-T returns filed for 2020-21 fiscal year
Out of this, over 1.68 crore income tax returns (ITRs) have been processed, while refunds have been issued in more than 64 lakh cases
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Important reasons why you should file your ITR
The ITR's last date of filling for the financial year 2020-21 is 31st December 2021 for most individual taxpayers
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Explained: Smart tax savings options for senior citizens
If investments are well-planned, one can enjoy the tax-free income up to Rs 5 lakh.
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Income tax searches? Here is what you should know
Permission is granted to enter and examine all buildings and places where the officer has reasonable grounds for believing unreported revenue
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ITR filings cross 2 crore on new portal
Launched on June 7, the new portal had reported glitches and difficulties in the functioning in the initial period
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Things you should know before applying for an education loan
Here are a few things you should know before applying for an education loan.
