Explains that HRA exemption is not permitted under the new tax regime and is fully taxable. Key takeaway: employees must compare regimes to avoid higher tax ...

As the financial year draws to a close, many salaried employees are preparing to receive their Form 16, a crucial document for filing Income Tax Returns (ITRs). Form 16, which details salary income, ...

The due date for filing the Income Tax Return (ITR) is fast approaching and many salaried taxpayers are fretting over not receiving Form 16 from their employers. Though employees expect to receive the ...

It's officially tax season! With the July 31st deadline less than 30 days away, it's time to get started on your ITR, if you haven't already. By now, most of your employers must have given you a ...