Tag: deductions

Gross vs net salary: Key deductions affecting your take-home pay — explained

Have you ever wondered why your take-home salary is less than your…

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ITR filing: Here is a lowdown on new income tax regime— check exemptions and deductions

Although a range of tax-related changes are introduced every year for taxpayers,…

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ITR Filing: Essential income tax exemptions and deductions every taxpayer should know

Certain allowances are exempt from income tax up to certain thresholds. This…

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Tax tribunals allow deductions for donations part of CSR spend

MUMBAI: Delhi and Mumbai benches of ITAT recently allowed a deduction under…

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ITR Filing: Exemptions and deductions that senior citizens can claim for FY24

A senior or super senior who earns more than the exemption amount…

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