Standard Deduction of Rs 75,000 in the New Regime: Who Gets It, on What Income
The bottom line first: the Rs. 75,000 standard deduction in the new tax regime is a flat, no-questions-asked subtraction from […]
The bottom line first: the Rs. 75,000 standard deduction in the new tax regime is a flat, no-questions-asked subtraction from […]
Here is the short version, because it is the question that lands in every salaried person’s inbox in January: your
A notice under Section 148A is the income-tax department knocking before it enters. It is not a reassessment — it
A notice under Section 142(1) of the Income-tax Act, 1961 is not, by itself, a sign that you have done
You filed your return, breathed a sigh of relief — and then an email arrives saying your return is defective
Found an old interest certificate, a missed capital gain, or a freelance payment you never showed? You do not have
A Section 143(1) intimation is not a scrutiny notice and it is not an accusation. It is the automated summary
Here is the bottom line before we go any further: for FY 2025-26 (AY 2026-27) you cannot use the Section
Here is the bottom line most salaried investors never hear: if you make a large capital gain late in the
If you have received RSUs (Restricted Stock Units) or ESOPs (Employee Stock Options) from your employer, the single most important