BusinessApr 26, 2024, 10:55 AM IST
Form 16 is required while completing your income tax return (ITR), especially for persons who earn a salary. This is a Tax Deducted at Source (TDS) certificate that provides a detailed picture of an employee's earnings.
IndiaMar 31, 2024, 4:15 PM IST
Starting from April 1, the new tax regime will come into effect, bringing many changes and additions. Taxpayers can now avail of a basic exemption of Rs. 3 lakh, which was previously Rs. 2.5 lakh.
BusinessMar 20, 2024, 9:50 AM IST
The government offers taxpayers a choice between the traditional old regime, which includes numerous deductions and exemptions, and the new regime with simplified structures and lower tax rates.
IndiaFeb 1, 2019, 4:39 PM IST
Interim finance minister Piyush Goyal announced a full tax rebate up to Rs 5 lakh annual income after all deductions
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