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When buying immovable property in India, buyers must comply with the deduction of Tax Deducted at Source (TDS) under Section 194IA of the...

TDS (Tax Deducted at Source) is a mechanism introduced by the Indian government to ensure that taxes are collected at the point of income...

Section 80D of the Income Tax Act, 1961 offers valuable tax benefits designed to reduce the financial burden of medical expenses. It...

Determining how much tax you need to pay is a crucial step in managing your finances. Every taxpayer must understand their tax...

The Indian tax system is not just vast but complex as well. It is the backbone of the country’s economy. The Indian tax system is the...

Many people have heard of TDS (Tax Deducted at Source), but are not able to fully grasp its concept due to lack of understanding in its...

As healthcare costs rise, managing medical expenses becomes a significant concern, especially for senior citizens. In recognition of...

Paying for your parents’ health insurance doesn’t just provide peace of mind, it can also reduce your tax burden. Under Section 80D of...

Health insurance premiums can offer significant tax relief under Section 80D of the Income Tax Act, but the deduction limits vary based...

With the revised income tax regime gaining momentum from April 1, 2025, understanding which deductions still apply has become critical,...