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Section 10 of the Income Tax Act, 1961, offers valuable exemptions that reduce taxable income for salaried employees. These provisions include allowances, reimbursements, and retirement benefits that ease the financial burden while improving compliance efficiency. Understanding these exemptions is essential during salary structuring, bank account verification, and year-end tax planning. By optimizing these benefits under the correct regime, employees can achieve better in-ha

Earning income from multiple jobs during a financial year may seem straightforward, but filing Income Tax Returns (ITR) in such cases...

Form 16 is a crucial document for salaried individuals in India, serving as a certificate issued by employers that details the salary...

Filing your Income Tax Return (ITR) can become more complicated when you change jobs during the year, especially when you have multiple...

A joint home loan is a common way for multiple individuals, typically spouses or family members, to pool resources to purchase a...

With employee retention emerging as a major challenge across industries, organisations are willing to offer attractive salaries and...

Filing your Income Tax Return (ITR)  on time and accurately is crucial for ensuring tax compliance and avoiding penalties. With the tax...

The Indian government has announced the Online Gaming Bill 2025, which is a very big step in the direction of rightly managing online...

A salary hike can bring much-needed financial relief, but it can also lead to a shift in your tax liabilities. While an increase in...

When filing Income Tax Returns (ITR) , one of the common challenges taxpayers face is duplicate salary entries. These errors can arise...