Have you ever wondered why a portion of your salary or payment gets deducted even before it reaches your bank account? That’s the Tax Deducted at Source (TDS) at work. As we enter FY 2025-26, understanding the latest TDS rates…
Paying rent can take up a large chunk of your monthly income, but did you know that a part of your rent could help you save on taxes? House Rent Allowance (HRA) is a common component in salary structures and…
As the financial year draws to a close, taxpayers across India are gearing up for one of the most crucial dates on their compliance calendar, the Income Tax Return (ITR) filing deadline. This extension from the standard 31 July deadline…
Understanding how your short-term profits from shares and mutual funds are taxed is essential for effective financial planning. Section 111A of the Income Tax Act outlines how gains from certain equity investments are treated when sold within a year. With…
Are you aware of the recent changes introduced by the CBDT in 2025? The Central Board of Direct Taxes has announced the Income-tax (Twenty Second Amendment) Rules, 2025, bringing clarity to salary and gross total income thresholds under Section 17…
Every year, millions of taxpayers in India circle a date on their calendars, the last day to file their income tax return. In 2025, this date has shifted once more, and if you are wondering whether you get extra time…
Have you ever struggled with updating your PAN, linking it with Aadhaar, or accessing various platforms to complete basic tax-related services? If yes, you’re not alone. With more than 78 crore PANs and over 73 lakh TANs issued, millions of…