Most Indians now prefer the new tax regime for its simplicity and higher in-hand pay. Those sticking to the old regime need ...
House Rent Allowance is a significant portion of the salary. Many salaried individuals look for ways to save tax, and HRA can help in saving income tax. HRA is given by an employer so that an employee ...
While a formal rent agreement is not a legal prerequisite, digital payment trails and landlord PAN details are essential to ...
With Budget 2026 approaching, salaried taxpayers face a dilemma between the old tax regime's deductions and the new regime's ...
Union Budget 2026 may bring major income tax changes, including revisions in tax slabs, HRA rules, 80C and 80D deductions, ...
If an individual is earning about Rs 25 lakh and has deductions and exemptions of around Rs 8.5 lakh or more, the person ...