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In the past, many transactions required obtaining an Income-Tax Clearance Certificate, such as registering real estate, bidding on...

If charitable or religious trusts or institutions meet specific predetermined requirements, the Indian government waives the income tax...

looking for ways to save money and plan their taxes. They look for improved tax-saving options to lessen their tax burden because they...

The 8th Pay Commission was agreed by the Union Cabinet on Thursday, January 16, 2025, and it will go into effect on January 1, 2026. It...

The Indian government created the Pay Commission in order to provide recommendations for central government employees' pay. Since India's...

House Rent Allowance (HRA) is a key salary component for employees who live in rented accommodations. It provides tax relief on rental...

The Indian tax system provides taxpayers with two distinct tax regimes—the old tax regime and the new tax regime. Each has its own...

Effective tax planning is essential for reducing your taxable income and maximizing your savings. With the right strategies, you can...

For salaried individuals, tax planning plays a crucial role in maximizing savings. House Rent Allowance (HRA)  and Section 80C deductions...

The introduction of the new tax regime (Section 115BAC)  was aimed at simplifying tax calculations and offering lower tax rates. However,...