Tag: Income Tax India
Is Your Diwali Bonus Taxable? Gift and Voucher Tax Rules Explained
A cash Diwali bonus is fully taxable, but gifts and vouchers follow different limits. Understand employee and employer tax rules under applicable Indian law.
Income Tax in India: The Complete Guide to the New Income-tax Act, Slabs and Deductions
The Income-tax Act, 2025 replaced the 1961 law from 1 April 2026. Slabs, deductions, the new 'tax year', HRA changes and filing rules, explained…