While the government plans to offer a minor concession to marginal taxpayers by raising the tax-free income threshold by Tk25,000 to Tk3.75 lakh, nearly all other taxpayers are set to face increased ...

Filing an income tax return can feel intimidating, especially for those who are new to the process or worried about missing ...

An informative guide on choosing between ITR-1 and ITR-2 for salaried individuals, highlighting the eligibility criteria and ...

Note:The slabs and rates of tax in the 'Proposed ... such as ELSS and PPF available under section 80C of the Indian Income Tax. Thirdly, calculate your net taxable income by subtracting the ...

According to the Income Tax Act, everyone should file the income tax return by the due date. However, you may not file the ...

Long-Term Capital Gains (LTGC): Gains from selling REITs unit held for more than one year are taxed at 10% ( for gains up to ...

In a move to aid retired citizens with their tax responsibilities, the Income Tax Department has published a detailed ...

Getting paid in cryptocurrency is completely taxed in India. The cryptocurrencys Fair Market Value (FMV) on the day of ...