Effective June 1, all employees will have to fill in a new form 12BB issued by the central board of direct taxes in order to claim a tax deduction on LTA (Leave Travel Allowance), HRA (House Rent ...
ITR: With the onset of the new financial year 2025-26, salaried employees in India shift their focus to claiming tax benefits on their loans. Among this, the home loan interest payment saves them a ...
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Key tax moves to complete before December 31, 2025
The financial year ends in March, but December 31 is a critical tax-planning checkpoint. Many tax-saving actions must be planned early to avoid last-minute rush and stress. Salaried employees must ...
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