Since there was no standard format required by salaried employees to disclose their investment details to their employers, each employer had to submit proof for each investment made in the year. The ...

Employees will now be required to submit evidences/particulars of tax savings to employers in form 12BB. Ahmedabad: Employees will now be required to submit evidences/particulars of tax savings to ...

ITR: With the onset of the new financial year 2025-26, salaried employees in India shift their focus to claiming tax benefits on their loans. Among this, the home loan interest payment saves them a ...

NEW DELHI: The income tax department has come out with a standard Form 12BB for salaried taxpayers to claim tax deduction on leave travel allowance concession (LTALTC), house rent allowance (HRA) and ...

Call this aachhe din (good days) for the employers and the salaried class. Employees will now be required to furnish tax benefit claim details (including documentary evidence) in a specified format to ...

PAN and Aadhaar can be linked now with a penalty of Rs 1000. Income Tax Return Filing Latest Update: Apart from PAN-Aadhaar linking, the deadline for several other financial tasks will end in next 10 ...

Have you got a mail from your employer asking to submit investment proofs for tax saving? Then we have some important tips for you. It is that time of the year when we try to evaluate all our ...

If you carefully plan your investments, you can make optimum utilisation of all tax-saving opportunities available to you. The best time to plan your taxes is the beginning of the financial year. The ...

My employer moved to a new payroll vendor in April 2020. I declared my monthly rent in the portal around April 2020 (also visible in form 12BB) but forgot to allocate the HRA in the new portal. The ...