Tax Deduction

Can India keep the consumption momentum going amid rising uncertainty? | Beyond Averages

Reserve Bank of India is likely to deliver another rate cut—third in a row—in its upcoming June meeting, while the government has provided a tax cut in the Budget, meeting the material conditions for a consumption boost. However, uncertainty is looming, especially with AI taking away jobs and a rejig of global order affecting trade. So, will India’s consumption be able to keep pace with the economy beyond FY26? Watch the discussion with Debopam Chaudhuri, chief economist, Piramal Enterprise Ltd and Dhiraj Nim, Economist, ANZ

Pitch Report: Realty players continue to look for taxation support for buyers and developers in Budget 2025

They will also be tracking whether the definition of affordable housing will be revised

How much tax is deducted from your salary: A comprehensive guide

Understanding how much tax is deducted from your salary can seem confusing at first, but it’s an important part of managing your finances. Whether you’re starting a new job or just trying to get a better handle on your pay slip, knowing how much tax you’ll pay can help you plan better.

Tax benefits for Ayodhya Ram Mandir donations: How to claim tax deductions in your ITR? | Explained

Following the 'Pran Pratishtha' for Ram Lalla's idol, donations for the temple are surging, doubling every hour, as individuals worldwide contribute to the Ram Mandir. Now, taxpayers can seize the opportunity to make contributions and claim deductions in their income tax returns. Curious about the process? Watch the video to get guidance on claiming tax benefits while supporting the construction of the Ram Mandir!

Avoid fudged or incomplete documents when submitting tax deduction documents

Providing evidence of investments and expenses eligible for tax deductions is a crucial responsibility. However, it is of paramount importance to refrain from submitting false claims or incomplete documentation, as it could lead to potential complications and issues.

Salaried, HNIs, trusts under income tax lens for mismatch in tax filing

Tax sleuths have sent intimation notices to about 22,000 taxpayers for the assessment year 2023-24, including salaried individuals, HNIs, trusts, and Hindu Undivided Families (HUFs) because of discrepancies between the deductions claimed in their tax returns and the information provided in their Form 16 or Annual Information Statement (AIS).