HRA is a component of salary provided by employers to employees to help cover rental expenses. Employees can claim HRA ...

Many seniors mistakenly believe they need not file returns if tax is deducted at source (TDS) on income received. This is not right. Full disclosure is vital to prevent further examination by tax ...

ITO, the primary issue before the Income Tax Appellate Tribunal (ITAT) Mumbai was whether payments made by the assessee towards alternate accommodation and hardship compensation to tenants during a ...

The threshold TDS limit has been doubled for senior citizens from April 1, 2025. The interest income from fixed deposits (FDs ...

CBDT exempts individual taxpayers from TDS on NSS withdrawals via latest notification, easing tax compliance and improving ...

FY 2025-26. As the new financial year begins, many new income tax laws take effect. It is important to take note of these new ...

Form 16 is a certificate issued by an employer that provides details of the salary paid and the tax deducted at source (TDS) ...

Finance Minister Nirmala Sitharaman announces new tax regime with extended limits and revised slabs, offering clarity on ...

SOME 28 TDs and Senators are set for €10,000 pay boosts after political parties carved up the jobs of chairing Oireachtas Committees. Oireachtas Committees are a vital part of the legislative ...

The block assessment process in income tax refers to a special procedure used by the tax authorities to assess the ...

In the last few days, several entrepreneurs have voiced sharp criticism of the government system, citing red tape and ...

Form ITR-B allows the assessee to claim TDS (tax deducted at source) and TCS (tax collected at source) credit against ...