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STANDARD DEDUCTION

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Tax deduction: If someone has paid taxes on the amount of the joining fee received, they will not receive a deduction for refunding it.

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Can the claim amount of the joining bonus be refunded to an employer?

1 min read . 31 May 2025

With the government steering taxpayers toward a simplified regime, the conventional model of tax-linked investments is gradually losing relevance.

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Time to delink investments from tax savings and shift to efficient tax planning

4 min read . 29 Apr 2025

Real estate is the only asset class that enjoys a standard deduction of 30% on the rental yield. (iStock)

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Are tax sops enough to make real estate investments appealing?

6 min read . 26 Sep 2023

Income tax rules: Against your rental income of Rs. 1.80 lakhs, you will get a standard deduction of Rs. 54,000/- leaving Rs. 1.26 lakhs. (iStock)

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ITR filing: Tax rules on income from house property that your should know

1 min read . 06 May 2023

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Want to pay less for an SUV? Lease through your employer

5 min read . 19 Apr 2023

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The case for an inequality boom in India is greatly exaggerated

4 min read . 04 Apr 2023

Income tax calculator: From 1st April 2023, income from debt mutual fund investments would be considers short term capital gain taxable at income tax slab rates, say experts.

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Income tax calculator: Changes in income tax slab FY 2023-24 that you must know

2 min read . 03 Apr 2023

Social media users should be cautious about the content they consume and seek professional financial advice before making any significant financial decision.

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How social media advice affects financial planning

2 min read . 15 Mar 2023

STANDARD DEDUCTION

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