Is there exemption on rent in new regime?

Is there any exemption on house rent in income tax’s new regime for assessment year (AY)…

Work in progress: The Hindu editorial on GST Council meeting and issues

In a meeting after nearly five months, the Goods and Services Tax (GST) Council on Tuesday…

Decoding the tax exempt status of encashed leaves

Leave encashment received on retirement is exempt from tax. It is eligible only if it is…

Emerging Electric Vehicle Scenario in India | Mint explains | Peppermint

Updated: March 21, 2023, 07:52 PM IST livemint This video throws…

Removal of tax exemption may reduce wallet share of life insurers in HNI segment

New Delhi The removal of tax exemption on all life insurance policies, except ULIPs, as proposed…

The flat is in my wife’s name but I pay the EMI. Can I claim income tax benefits?

I have taken a home loan from State Bank of India during the current year. My…

7 allowances to remember and their tax benefits while filing ITR for AY 2024-23

Perks are like financial benefits that a salaried employee receives from his employer which helps in…

Income tax exemption limit likely to be raised to Rs 5 lakh

Last Update: December 30, 2022, 19:41 IST The Finance Ministry is considering raising the exemption limit…

Do you need to pay taxes on severance pay after you lose your job?

Layoffs in startups and tech companies are making headlines everyday. Most of the companies issuing pink…