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The introduction of the new tax regime for the Financial Year 2024-25 (Assessment Year 2025-26) has brought about significant changes in...

Taxpayers often seek to maximize their exemptions while filing their Income Tax Returns (ITR) to reduce their taxable income and,...

House Rent Allowance (HRA) exemption offers a great way for salaried individuals to save on taxes. This article provides a complete guide...

Confused about how much House Rent Allowance (HRA) is taxable? You can maximize your tax savings with an easy-to-use HRA Calculator for...

Claiming tax deductions can be a confusing process, especially with the frequent changes to tax laws. For FY 2024-25, the amendments...

The Income Tax Act provides various tax benefits for senior citizens to reduce their taxable income, making income tax filing more...

Section 87A of the Income Tax Act, 1961, provides taxpayers in India with a valuable rebate that can significantly reduce their income...

In India, practically everyone has a savings account. The majority of individuals are unaware, nonetheless, that interest received in a...