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Tag Archives: income tax

Proposal for new tax regime

There is a proposal to introduce a new tax bracket of 35 per cent for the super-rich who are earning above ₹2 crore each

Changes in new ITR forms

The new ITR forms require elaborated details for all sources of income that is disclosed by the assessees.

Pay zero tax if you

If your HRA comprises 50 percent of your basic salary, then you can get maximum tax benefit of it.

Cashbacks can be taxable

Generally, cashbacks are offered in two ways.

How to get your TDS

The earlier you file your returns, the quicker your returns have a chance to be verified.