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Tax (Plan, Retirement)

AI-Generated : Interest income taxation under the new tax regime in FY2025-26

Is Income From Interest Taxable Under The New Tax Regime For FY2025-26?

Freepik : Senior citizens sometimes make mistakes while choosing between the Old Tax Regime and the New Tax Regime.

ITR Filing For AY25-26: Tax Filing Mistakes Senior Citizens Often Make And How To Avoid Them

BY Sanjeev Sinha

AI Generated Image : Important Tax Deductions For Seniors

Important Tax Deductions And Benefits Senior Citizens Shouldn’t Miss While Filing ITR

BY Sanjeev Sinha

Inoperative PANs

IT Dept's Crackdown on Inoperative PANs: Here's What Seniors Should Know

BY Anuradha Mishra

Common ITR Filing Mistakes to Avoid for FY 2024-25 – Especially for Senior Citizens

ITR Filing: 4 Common Mistakes Senior Citizens Must Avoid

BY Outlook Money

ITR Form changes for senior citizens

Changes Introduced In ITR Forms For AY 2025-26: Here's What Senior Citizens Should Know

BY Anuradha Mishra

Income Tax

New Tax Regime Promises Simplicity, But Can It Help You Build Wealth Over Time?

BY Anuradha Mishra

ITR 2025

Income Tax Returns: Which Forms Can Senior Citizens Use To File ITR For FY25?

BY Outlook Money

Investing After Retirement: Know How Senior Citizens Can Avoid Paying TDS On Interest Income From Fixed Deposits

BY Outlook Money

Budget 2025: Tax expectations for senior citizens

Budget 2025-26: Tax Expectations For Senior Citizens

No Specific Tax Exemption On LTCG On House Sale For Super Senior Citizen

BY Balwant Jain

Income Tax Act : Tax Exemption Senior Citizens

Fact Check: No Tax Exemption for All Seniors Over 75, But Section 194P Eases Compliance

BY Meghna Maiti

Understand Different Tax Implications On Employees’ Provident Fund

BY Outlook Money

E-portal for Income-tax Act review

I-T Dept Unveils E-Filing Portal: Here’s How You Can Give Your Feedback

How Is Pension Income Taxed?

How Is Pension Income Taxed? 3 Things To Know To Reduce Liability

BY Outlook Money

Tax Implication On VRS: How To Maximise Post-Retirement Gains

BY Priyanka Debnath

The government has introduced 3 changes in the GST return filing rules, effective September 2024. : 3 Major Changes In GST Return Filing Rules You Shouldn’t Miss

3 Changes In GST Return Filing Rules From Sep 1 You Shouldn’t Miss

BY Priyanka Debnath

During the sunset phase of your life, you need not lose out on money. Here are suggestions that could help you overcome any such issue : How Senior Citizens Can Reduce Tax On Their Pension Income

How Senior Citizens Can Reduce Tax On Their Pension Income

BY Meghna Maiti

Capital Gains Account Scheme simplifies managing and deferring your capital gains tax through designated deposits. : Capital Gains Account Scheme (CGAS): How Does It Work?

Capital Gains Account Scheme (CGAS): How Does It Work And When Is It Used?

BY Outlook Money

The review may also attempt to balance the new and old tax regimes and potentially aim for a unified tax regime for individual taxpayers. Tax Laws. : Direct Tax Laws To Be Simplified: Here Are Key Things To Know

Direct Tax Laws To Be Simplified: Here Are Key Things To Know

BY Meghna Maiti

Investors who frequently trades in stocks should use this method to get details of tax liabilities for ITR. Short-Term Capital Gains. : How To Track Short-Term Capital Gain, Intraday Income

How To Track Short-Term Capital Gain, Intraday Income For Tax Purposes

BY Outlook Money

CBDT Chairman Ravi Agrawal assured that the task of reviewing and ITA 1961 releasing a new Income Tax Act in the given timeframe. : FM Calls For Simplified Tax Law, Announces New Income Tax Act

FM Calls For Simplifying Tax Law, Says India May See New Income Tax Act In 6 Months

BY Outlook Money

In India, pension forms a part of the income. But, the tax application varies based on the type of pension you receive. pensioners TDS Burden : When Can Pensioners Avoid The TDS Burden?

When Can Pensioners Avoid The TDS Burden? What You Need To Know

BY Outlook Money

Senior citizens can’t afford to make big changes in their retirement investments as it may result in undesired outcomes. Capital Gain Tax. : Change In Rules On Capital Gain Tax, Where Should You Invest?

Change In Rules On Capital Gain Tax, Where Should Seniors Invest Now?

The income tax department processes a tax refund claim after the taxpayer e-verifies the ITR. Depending on the cases complexity, Read More. : How To Claim Tax Refund If You Have Missed The ITR Deadline

How To Claim Tax Refund If You Have Missed The July 31 ITR Deadline

BY Outlook Money

An income tax clearance certificate (ITCC) is issued by the state revenue department to certify that the individual has cleared the tax dues. : Tax Clearance Certificate: Mandatory For NRIs Leaving Country

Tax Clearance Certificate Is Mandatory For NRIs Leaving Country From Oct 1: Learn More

BY Outlook Money

If you have received an income tax notice, carefully read the reasons for the notification, and respond appropriately. : Received An Income Tax Notice After Filing Your ITR? What To Do

Received An Income Tax Notice After Filing Your ITR? Here’s What You Should Do

BY Outlook Money

The tax incidence of Long-Term Capital Gain (LTCG) depends on property’s capital appreciation and its acquisition cost. : Indexation On LTCG Available For Properties Bought Before July 23, 2024

Indexation Benefit Is Available For Properties Bought Before July 23, 2024: Learn How It Reduces Tax Liability On LTCG

Union Finance Minister announced removing indexation benefit from LTCG in Budget 2024-25, which has generated concerns in certain quarters. : Govt Exploring Options For Indexation Benefit In Real Estate

Is Govt Exploring ‘Grandfathering Rule’ To Ease Short-Term Pain Due To Indexation Benefit Removal?

BY Outlook Money

Amid high premiums on health insurance, GST Removal On Life, Medical Insurance could prove to be a boon and a lifesaver for seniors : How Will GST Removal On Life, Medical Insurance Benefit Seniors

Removal of GST On Life, Medical Insurance: How This Will Benefits Senior Citizens

BY Outlook Money

Today is the last date of filing ITR for AY24-25. A delay could attract a penalty. One should also match AIS information while filing ITR. : ITR Last Date: Match Details With AIS, File Today To Avoid Penalty

ITR Filing Last Date: Match Details With AIS, File ITR Today To Avoid Penalty

BY Outlook Money

Section 80D of the Income Tax Act offers deductions for health insurance premiums and medical expenses incurred on senior citizens. : Deductions on medical costs for seniors under 80D Explained

ITR Filing: Deductions On Medical Expenses For Senior Parents Under Section 80D Explained

BY Anuradha Mishra

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