If you are an income taxpayer and want to compute your total tax payable for the financial year 2024-25, you can use an income tax calculator to find it. The income tax calculator helps you calculate ...

The deadline to pay property tax is approaching in several Indian cities. In Chennai, Tamil Nadu, homeowners must clear their dues by September 30, the cut-off date for the first half of the financial ...

The aggregate tax liability stands at Rs 1,75,000. Additionally, a 4% cess is applicable on this amount, which equals Rs 7,000. Consequently, the total tax payable amounts to Rs 1,82,000.Also Read | ...

Bonds can provide passive income, some of which may be tax-free if you’re investing in municipal bonds. The tax-equivalent yield formula can be a useful tool for comparing taxable and tax-free bond ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Erika Rasure is globally-recognized as a leading consumer ...

BT brings to you an easy-to-use tool that helps in calculating the tax payable on your income for FY 2025-26. It also lets you compare your tax liability under new tax regime and old tax regime.

From April 1, 2025, there is zero tax payable on the taxable income up to Rs 12 lakh. This will happen if an individual opts for the new tax regime for FY 2025-26. However, it may happen that your net ...

Reply by: Yeeshu Sehgal, Head of Tax Market, AKM Global, a tax and consulting firm. Section 115BBH was inserted in the Income Tax Act, 1961, outlining the taxation rules for income generated from the ...

Taxpayers who take responsibility for funding their own pension and will not be a burden to the government after their working years qualify for generous tax relief. In this, the first of two articles ...

I have just closed and liquidated a sizeable unit trust investment that I began in 2011. For capital gains tax (CGT) expediency, I split the investment payout over two financial years, i.e., R3 ...