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House Rent Allowance (HRA) is a common tax benefit enjoyed by salaried employees who live in rented accommodation. The benefit allows...

For real estate professionals, understanding the correct way to report income and file Income Tax Returns (ITR) is crucial to avoid...

Non-Resident Indians (NRIs) often face unique tax obligations in India, especially when it comes to capital gains from the sale of...

Filing income tax returns is an essential responsibility for all taxpayers, including senior citizens and retired government employees....

When purchasing a home, the financial burden is not limited to just the down payment but extends to various other costs, including home...

The Income Tax system in India offers various exemptions and deductions for taxpayers, and one of the key areas is the treatment of...

When filing your Income Tax Return (ITR) , one of the critical sections that taxpayers need to focus on is reporting income from...

Taxpayers in India are always on the lookout for ways to minimize their tax liabilities. Two common tax-saving mechanisms are the House...

In India, property owners are subject to tax obligations based on the properties they own. While most property taxes are straightforward,...

Home loans provide an excellent opportunity for taxpayers to save on taxes through Section 80C of the Income Tax Act . The principal...