Learn the latest rules for standard deduction in FY 2024-25. Know the limits under old and new tax regimes, family pension benefits, and how it reduces taxable income. Get examples, FAQs, and practical insights to choose the right regime. Tax planning is one of the most important aspects of personal finance. For salaried employees and … Read more
Learn how TDS is calculated on your salary with real examples, regime comparison, and expert-backed tips to boost take-home for FY 2025–26. In India, every salaried employee earning above a certain threshold is subject to Tax Deducted at Source (TDS), which their employer deducts from monthly pay. This deduction ensures timely collection of income tax … Read more
Understand Form 16, its components, recent changes, and how to use it for filing your Income Tax Return for FY 2024-25. Learn how it helps with tax returns, loan approval, and visa processes. Step-by-step 2025 guide for Indian salaried employees with FAQs, tips, and latest rules. Form 16 Explained: Your Complete Guide for FY 2024-25 … Read more
Learn how to use a TDS on salary calculator to determine your tax deductions accurately. This guide covers TDS rates, exemptions, step-by-step calculations, and how HR Calcy simplifies the process. In India, Tax Deducted at Source (TDS) on salary is calculated based on the Income Tax Slabs applicable for the financial year (FY). The employer deducts TDS under Section 192 of … Read more