How to Save Tax for 12 Lakh Salary?
For FY 2025-26, taxpayers earning income up to Rs. 12 lakh enjoy zero tax liability under the new tax regime….
Income from House Property and Taxes
If you own a house in India, the Income Tax Department expects you to declare it under the head “Income…
Section 44AD: Presumptive Taxation for Small Businesses
Running a small business in India means dealing with income tax every year. But maintaining detailed books of accounts, getting…
Section 54F: Capital Gain Exemption on Property
If you sold shares, gold, land, or any asset other than a house property and made a long-term capital gain,…
Long Term Capital Gains Tax: Rates, Calculation & Exemptions 2026
Held equity shares for over a year and made a profit? Sold a flat you bought five years ago? The…
Short Term Capital Gains Tax: Rates, Calculation and Exemptions 2026
Sold shares within a few months and made a profit? Sold a flat you had bought just last year? The…
Section 10(10D) of Income Tax Act: Life Insurance Tax Exemption Rules
You paid premiums for 20 years, your life insurance policy has finally matured, and you are expecting a tax-free lump…
Section 80EEA: Deduction on Home Loan Interest
If you bought your first home under the affordable housing category and your loan was sanctioned between April 1, 2019…
Self Assessment Tax: Meaning, Calculation and How to Pay
If you are filing your ITR for FY 2025-26 and your tax liability after deducting TDS and advance tax is…
ITR-4 (Sugam) AY 2026-27: Presumptive Scheme Filing Guide
If you run a small business, work as a freelancer, or operate a transport business, the ITR 4 form is…
