Choosing between ELSS, PPF and NPS can be challenging, as each offers different benefits in terms of tax savings, returns and ...

Chairman Ravi Agarwal has clarified that the department is currently investigating “high-value” and “red-flagged” refund ...

A lot of financial experts estimate that 65%–70% of salaried people may actually benefit from the new tax regime if they don’t fully use 80C. But people who invest regularly — PPF, ELSS, NPS, home ...

A husband can transfer any amount of money to his wife's account. There is no tax on this. However, if any income is ...

While money or other assets gifted to a spouse are exempt in the spouse’s hands, they are still taxable in the hands of the ...

This title highlights that the correct tax regime depends on your real deductions, not assumptions. The comparison shows how ...

For FY 2025-26, the new tax regime is default with no tax on income up to Rs 12 lakh. Aman Sharma advises choosing based on deductions, investments, and salary components.

Employees who attempt to cheat the system with bogus tax deductions risk facing severe repercussions. The Income-Tax ...

EASTON, Pa. - A historic bed and breakfast owned by Lafayette College owes more than $28,000 in taxes to Northampton County, an audit report says. The audit was performed by the county controller's ...

According to Jose, NPS is amongst the most cost-efficient investment options available in India and probably the world, with ...

Belated ITR filers should also be aware of penalties and charges. Section 234F imposes a late fee of Rs 5,000 (Rs 1,000 if ...

Many taxpayers wrongly believe that they won’t get an income tax refund if they miss the July 31 deadline and file a belated ...