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Certain transactions require the payer to deduct TDS (Tax Deducted at Source) in accordance with the Income Tax Act of 1961. Income from...

A spouse can be involved in a number of tax preparation strategies. On the other hand, some actions will not result in lower taxes. Money...

Taxes are monetary fees that the government levies on individuals and organizations to raise money for public spending. Managing tax...

On August 22, 2025, the concept of the Income Tax Act, 2025 was formally introduced for the first time. Earlier, on August 11, Parliament...

The Ration Card, which offers subsidised food grains and necessary supplies through the Public Distribution System (PDS), is a lifeline...

On January 1, 2013, the Direct Benefit Transfer (DBT) program was launched by the Government of India. Directly transferring subsidies,...

Understanding the Indian income tax system is crucial for salaried individuals and professionals aiming to optimize their tax liability....

Senior citizens in India are provided with certain tax benefits and options under the Income Tax Act, allowing them to minimize their tax...

The introduction of the new tax regime for FY 2025-26 has brought a simplified approach to income tax filing for salaried individuals...

The Finance Act 2023 introduced several modifications to the income tax system, and the new tax regime has become a popular option for...