Search For "tax deductions"
Benefits and Considerations of Applying for a Joint Home Loan with a Co-Ap
Updated : 2 months, 1 week ago IST
New Delhi [India], February 10: Joint home loans combine incomes and liabilities between primary applicants and co-applicants, typically spouses or close family members, to secure larger housing loan eligibility amounts. Co-applicants share repayment duties equally, doubling tax deductions u
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Senior citizens likely to get relief under targeted tax measures in Budget
Updated : 4 months ago IST
Senior citizens could be among the biggest beneficiaries of India's Union Budget 2026, with the government expected to consider higher deductions on interest income and healthcare-related relief, Tarun Garg, Executive Director at Deloitte India, told ANI.
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CBDT nudges taxpayers to curb fake deduction claims through data-driven ch
Updated : 5 months, 1 week ago IST
The Central Board of Direct Taxes (CBDT) has stepped up its data-driven push to curb bogus tax deduction claims, warning taxpayers to correct wrong filings after uncovering widespread misuse of donation-based exemptions, according to a Ministry of Finance release issued on Saturday.
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Critical for Ways and Means Committee to add FAIR BET Act to its legislati
Updated : 5 months, 2 weeks ago IST
United States Congresswoman Dina Titus has said that it is critical for the Ways and Means Committee to add the legislation she introduced earlier in the year to its legislative calendar, saying the FAIR BET Act seeks to restore the commonsense 100% tax deduction to protect professional and
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Income Tax Department cracks down on bogus claims of deductions, exemption
Updated : 10 months, 1 week ago IST
The Income Tax Department initiated a large-scale verification operation across multiple locations in the country on Monday, targeting individuals and entities facilitating fraudulent claims of deductions and exemptions in Income Tax Returns (ITRs).
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Life Insurance Tax Benefits
Updated : 1 year, 1 month ago IST
New Delhi [India], March 24: Life insurance plans offer more than just financial security for your loved ones, they also provide important tax benefits. There are different tax deductions and exemptions offered by the Indian government under the Income Tax Act, 1961. By understanding these
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ClearTax helps enterprises generate thousands of form 16s in minutes
Updated : 8 years, 2 months ago IST
New Delhi [India], Mar 14 (ANI): Form 16 is a summation of the basic pay, allowances, tax deductions, and incentives given to a salaried person in a financial year.
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