ITR filing 2025: Not Rs 12.75 lakh, this is the tax-free income for AY2025-26; check details

ITR filing 2025: Not Rs 12.75 lakh, this is the tax-free income for AY2025-26; check details

ITR filing 2025: The NDA government 3.0 introduced a major income tax relief for the salaried class in the Union Budget 2025. Union Minister for Finance and Corporate Affairs Nirmala Sitharaman announced that individuals will not have to pay any income tax on total earnings up to Rs 12 lakh. This translates to an average monthly … Read more

Tax filing 2024: What all senior citizens should know before filing taxes for AY2024-25

Tax filing 2024: What all senior citizens should know before filing taxes for AY2024-25

Income Tax for senior citizens: As the deadline for income tax filing nears, it is imperative for senior and super senior citizens to comprehend the distinct provisions. The Income Tax Department has designated exemptions, deductions, and advantages designed for senior citizens and super senior citizens in accordance with the Income Tax Act, 1961. The income … Read more