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Form 16B serves as proof of tax deducted at source (TDS) on the sale of immovable property under Section 194-IA of the Income Tax Act,...

The Indian tax system offers taxpayers a choice between two regimes: the Old Tax Regime and the New Tax Regime . Each regime provides...

In the financial year 2025-26 (Assessment Year 2026-27), salaried employees in India have access to several key deductions under the...

Taxpayers in India have the opportunity to save significantly on their taxes by claiming deductions and rebates under various sections of...

When it comes to reducing your tax liability in India, Sections 80C , 80D, and 80E of the Income Tax Act, 1961 offer some of the most...

The Union Budget 2025 introduced changes to income tax slabs and Section 87A rebate that bring new benefits for taxpayers. Under the...

When it comes to reducing the tax burden, two provisions in the Indian Income Tax Act, 1961, Section 87A and the standard deduction,...

Section 87A of the Income Tax Act, 1961 , offers a valuable tax rebate for senior citizens, providing relief from their income tax...

Section 87A of the Income Tax Act , 1961, provides a rebate to resident individual taxpayers, aimed at reducing their tax liability. This...

Section 87A rebate in the new tax regime provides substantial relief to resident individuals, particularly those with lower to moderate...