The Government of India released the gazette of the Unified Pension Scheme on the eve of Republic Day. Employee organizations ...

ITAT Chennai held that Form 56F not signed by an accountant, as referred in section 10A (5) of the Income Tax Act, is defective and hence deduction under section 10A of the Income Tax Act not ...

We feel reforms should be undertaken under affordable housing units and projects, introducing credit guarantee schemes, ...

In the run-up to the Budget for 2025-26 former BJP MP and financial market observer suggested that individuals earning up to Rs 10 lakh per annum should enjoy ...

With tax terminology often causing confusion, it’s essential to clarify three critical tools for tax management: income tax exemptions, deductions, and rebates. Each plays a unique role in how your ...

Though the major tax relief is likely to be announced for the new tax regime, taxpayers need to know the current deductions available under the old tax regime. Here’s a comprehensive guide to the key ...

The Guyana Court of Appeal yesterday rejected the State’s attempt to stay an order mandating the deduction and remittance of union dues to the GTU. Following a strike by teachers last year ...

Starting May 7, 2025, REAL ID-compliant identification will be mandatory for air travel and other federal purposes. This new rule from the Transportation Security Administration (TSA) ensures ...

Employers can deduct up to 50% of their contributions through paycheck deductions. The program will become accessible in 2026. If a leave application gets approved, then the state will pay at ...

Conclusion: Filing of Form 10CCB required for claiming deductions under Section 80IA before the due date for filing of return of income u/s 139(1) was only directory and not mandatory for the year ...

You can significantly reduce your taxable income and improve your financial health by leveraging commonly overlooked deductions. Below, let’s explore critical small business tax deductions ...

Union Budget 2025: NPS contributions of up to Rs 50,000 to the National Pension System (NPS) under Section 80CCD(1B) qualify for deductions only under the old tax regime, and this benefit is not ...