With the introduction of the new tax regime, several deductions/exemptions under the Income Tax Act, 1961 have lost much of ...
As taxpayers closed the 2025 filing season, one theme stood out clearly: Individuals left a substantial amount of tax savings ...
The New Labour Code 2025, which came into effect last month, has reshaped how salaries are structured. Under the new rules, basic pay, dearness allowance and retaining allowance must together make up ...
New Delhi [India], August 27: The National Pension System (NPS) has become one of the key options for individuals in India to plan for retirement. While the framework remains the same, the tax ...
Section 80C lowers your tax liability by a maximum of ₹1.5 lakh through instruments like PPF, ELSS, and life insurance premiums. But once that limit is reached, most taxpayers overlook other ...
To boost the Unified Pension Scheme (UPS), the Finance Ministry has extended National Pension System (NPS) income tax benefits to it. This move addresses tax treatment concerns, potentially increasing ...
How can ₹14.65 lakh income be tax-free? Abhishek Soni, CEO and Co-founder of Tax2win, explains how salaried employees with a Cost to Company (CTC) of ₹14.65 Lakh can pay zero tax under the new income ...
In India’s progressive tax regime, finding legitimate ways to reduce taxable income is a financial skill that can help individuals retain more of their earnings while building long-term wealth. Most ...
Your 50s mark a critical phase in your financial journey. With retirement drawing closer, it becomes more important than ever to get your finances in order. You are likely at the peak of your earnings ...
Investors can claim income tax benefits via investing in equity as well as debt. In equity, one can opt for equity linked savings scheme (ELSS). And in terms of bonds, investors can opt for tax ...
New tax regime: The Union Budget 2025 has brought major relief for crores of taxpayers in India. The government has announced that non-salaried individuals earning up to Rs 12 lakh and salaried ...