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HRA exemption queries: Is HRA available under new tax regime? Can you claim it along with your home loan? How to calculate the exemption? Many individuals are confused about whether HRA can help them save tax in the new tax regime, whether HRA tax exemption can be claimed along with a home loan and other tax queries

IDBI Bank cuts FD rates across special deposit, extends Utsav fixed deposit deadline Interest rates have been reduced for general depositors, senior citizens, and super senior citizens across key tenures like 444, 555, and 700 days

Can you change tax regime while filing income tax return? This is because last year, government presented the budget in July 2024 (after the General elections) but many communicated the desired tax regime in April for TDS on salary

Now ICICI Bank cuts FD, savings account interest rates; check details

Big relief for flat owners: No income tax payable if you get a new flat in exchange for old, rules Mumbai ITAT The tribunal held that receiving a new flat in exchange for an old one is not taxable under Section 56 of the Income Tax Act. This exchange should merely be considered an extinguishment of rights and not a gift, which would otherwise be taxable

SGB exit: Get 211% tax free returns on SGB investment if applied for premature redemption on April 16, 2025 The redemption price for premature redemption due on April 16, 2025, shall be Rs 9221 per unit of SGB based on the simple average of closing gold price for the three business days i.e., April 09, April 11, and April 15, 2025

Pay GST on society maintenance if monthly charge is more than this and annual collection is above Rs 20 lakh

Don’t be surprised if you get lesser income tax refund this year, the income tax dept is adjusting past dues against this year’s refund

Bank of India cuts FD rates by up to 25 bps on these deposits; withdraws 400-day special FD offering 7.30% interest The bank has discontinued its special 400-day FD scheme, which offered a 7.30% interest rate. Interest rates have been reduced for short and medium-term deposits under Rs 3 crore