Middle-class taxpayers are expecting an increase in standard deduction to up to Rs 90,000 in the the Interim Budget 2024 which is just around the corner. Currently, the standard deduction limit is set as Rs 50,000 for salaried taxpayers. If this ...
As the new year picks pace, it's easy to get caught up with commitments ahead. However, it's crucial to spare a thought for your financial well-being, specifically focusing on income tax planning. The Finance Departments of many companies start sending reminders ...
As the joyous wedding season approaches, the exchange of gifts takes centre stage in celebrations. Amid the festivity, it is essential to unravel the intricacies of gift taxation to ensure a seamless union of love and financial awareness. Let's delve into ...