Old Tax Regime slabs vs New Tax Regime slabs for senior citizens: Income Tax return filing is a mandatory exercise for all Indian citizens, salaried, non-salaried, senior citizens. According to ...

A belated return refers to the income tax return that is filed after the deadline, that is July 31 of a given assessment year ...

Income tax payers are often advised to take the help of tax experts before opting for one of the two options available. It is ...

However, rental income is taxed at the individual's slab rate. But there are deductions available on rental income for ...

By planning and finalising your investments early, you give yourself ample time to choose investments that align with your ...

for filing of return of income. Employees would have made their tax regime choice between the old or new scheme by July 2024, when the Finance Bill No. 2 was introduced, following an interim ...

In addition to these reforms, the government is considering phasing out old income tax regime. As part of this review, there are discussions about eliminating Chapter VI A deductions, a ...

We discuss key tax considerations, compliance requirements, and strategies to optimize savings for remote workers in India.