House Rent Allowance Exemption Calculation in the ITR for FY 2024-25
The Income Tax Department has notified the formats for the income tax return (ITR) for FY 2024-25. Employees who have...
Read moreBudget FY 2025-26 – Tax on Salary
The Union Budget for FY 2025-26 was tabled in the Parliament by the Finance Minister of India on 01-Feb-2025. Here...
Read moreChennai Profession Tax Revision – October 2024
The Greater Chennai Corporation, by way of a council resolution (No. 574/2024, dated 30-Dec-2024), has made changes to Profession Tax....
Read moreBudget FY 2023-24 – Tax on Salary
The Union Budget for FY 2023-24 was tabled in the Parliament by the Finance Minister of India on 01-Feb-2023. Here...
Read moreAvail Tax Exemption on LTA by Purchasing Goods and Services
The pandemic situation on account of COVID-19 has imposed severe travel restrictions on people all over India. In the current...
Read moreReduction in statutory rate of EPF contribution for May, June, and July 2020
The Government of India, as part of the Atmanirbhar Bharat package for pandemic relief, has reduced the statutory rate of...
Read moreSimplified Tax Regime – a Circular from the Income Tax Department
The Government of India has introduced Section 115BAC in the Income Tax Act (with effect from tax year 2020-21), which...
Read moreBudget FY 2020-21 – Tax on Salary
The Union Budget for FY 2020-21 was tabled in the Parliament by the Finance Minister of India on 01-Feb-2020. Here...
Read moreBudget FY 2019-20 – Tax on Salary
The interim Union Budget for FY 2019-20 was tabled in the Parliament by the Finance Minister of India on 01-Feb-2019....
Read moreTDS on Salary – Circular for FY 2018-19
The Income Tax Department has issued the “TDS on Salary” circular for FY 2018-19. You can take a look at...
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