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Income Tax: Filing ITR early this time? Here are 8 key strategies

Understand the importance of early tax planning to maximize tax savings and minimize tax liability. Decide on the beneficial tax regime based on your tax situation and explore different tax-saving options to reduce taxable income effectively. ....

Union Government , Tax Harvesting , Income Tax , New Tax , Gold Tax , Tax Payable , Tax Regime , Income Tax Return , Tax Deducted ,

I decided to shift to the new tax regime. Will I lose benefit on interest income of my PPF account?

It's important to note that the Standard Deduction of Rs 50,000, available to salaried individuals and pensioners, remains applicable in both the New and Old Tax regimes. ....

Rajiv Bajaj , Public Provident Fund , New Tax , Standard Deduction , Gold Tax ,

Income Tax FY25: How to reduce tax liability in a given financial year. Check details

It is essential to be proactive in exploring tax-saving options to ensure that you are maximising your earnings. By taking advantage of tax-saving strategies, you can increase your take-home salary and ultimately improve your financial stability. ....

Jitesh Agarwal , Public Provident Fund , Union Budget , Health Insurance Premiums , Income Tax Department , Income Tax Act , Old Tax Regime , Income Tax , New Tax Regime , Gold Tax , Home Loan Benefits , Tax Free Income , Favorable Dividend Tax Rates , Tax Rebates ,