Even though three months will be left before the closure of the current financial year 2025-26 in January, salaried employees should review Form 12BB to avoid higher TDS and reduction in take-home ...

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 ...