For leased accommodation, the reduction is ₹2.5 lakh (assuming the lease rent paid by the employer is higher), resulting in a tax saving of ₹82,500. If the employer owns the car → taxable value ...

They can afford a reliable car without stretching their budget — aim for a purchase […] ...

The Income Tax Department has cautioned taxpayers against a surge in refund-related fraud attempts, warning that scammers are exploiting delays and he.

Successful Pension Credit claims can be backdated for up to three months which means eligible older people could receive a ...

Meaningful gains under the old regime hinge largely on HRA -- and not everyone may qualify. Nearly 75% taxpayers chose the ...

SCORING a bumper pay rise is a dream for many, but you should be aware of hidden tax traps that could see certain benefits ...

Understanding how interest works can make borrowing feel less confusing and far more manageable. A simple interest calculator is a handy tool that helps you est ...

Discover how to calculate and understand key income statement ratios to evaluate company performance, including gross margin, ...

Uncover 10 common myths about traditional IRAs to avoid costly mistakes and maximize your retirement savings effectively.