PPF: Interest Rate, Tax Benefits & Withdrawal Rules (2026)
PPF, or Public Provident Fund, is a government-backed, long-term savings scheme that gives you guaranteed, completely tax-free returns. The PPF interest…
Perquisite in Income Tax: Meaning, Types and Valuation Rules
What Is a Perquisite? A perquisite is any benefit, facility, or amenity provided by an employer to an employee in…
Section 80TTB: Interest Deduction for Senior Citizens
What Is Section 80TTB? Section 80TTB of the Income Tax Act allows resident senior citizens to claim a deduction of…
Section 80GG: Rent Deduction for Those Without HRA
What Is Section 80GG? Section 80GG of the Income Tax Act allows individuals to claim a tax deduction on rent…
Form 26QB: How to Fill and File TDS on Property Purchase
What Is Form 26QB? Form 26QB is the TDS challan-cum-statement that a buyer must file when purchasing an immovable property…
TDS Rate Chart FY 2025-26: Complete Section-Wise List
Every April, the same questions start coming in. “My salary slip shows TDS deducted – is it the right amount?”…
Income Tax Demand Notice Under Section 143(1): What It Means
You filed your ITR on time, did everything right, and then one morning an email from the income tax department…
Income Tax Scrutiny Assessment: What It Actually Means for You
Of all the income tax situations I get asked about, scrutiny assessment creates the most anxiety. And I understand why…
Income Tax Notice in 2026: What It Actually Means
Receiving an income tax notice is one of the most stressful experiences for a salaried professional. Most people panic the…
Freelancer Tax Deductions in India FY 2026-27
Freelancer tax deductions in India allow you to legally reduce your taxable income by claiming business expenses – your laptop,…
