Section 87A Rebate in 2025-26: What If Your Salary Crosses ₹12 Lakhs?
by Navigating the complexities of income tax can be challenging, especially with recent changes introduced in the Union Budget for the Financial Year (FY) 2025-26. A …
Category: Personal Tax
Major Tax Changes in India: Effective April 1, 2025
Comprehensive Guide to India’s Income and Indirect Tax Changes Effective April 1, 2025 As India ushers in the new financial year on April 1, 2025, …
How to Calculate and Pay Advance Tax: A Step-by-Step Guide
Introduction Taxes are an essential part of financial responsibility, and understanding them can save you from unnecessary penalties. One such tax is advance tax, which …
ITR-U: How to File an Updated Income Tax Return Easily
Filing your Income Tax Return (ITR) accurately and on time is crucial to comply with tax regulations and avoid penalties. However, mistakes or omissions can …
New PAN 2.0: India’s Unique Tax ID with Digital Ease 🚀
The Indian government has introduced PAN 2.0, an upgraded version of the Permanent Account Number (PAN) system, aiming to modernize taxpayer services and enhance user …
Understanding the Indian Tax System for Beginners: Your Stress-Free Guide 🧘♂️
Taxes! The word itself sounds scary to many. But don’t worry, we are here to make it simple and easy to understand. Whether you are …
Zero Income Tax on Earnings Up to ₹12 Lakh? Here’s How It Works (FY 2025-26) 🎉
Great news for taxpayers! The 2025 Budget has introduced a way for individuals earning up to ₹12 lakh per year to pay zero income tax. …