Income Tax exemption

Income Tax 2020-21 (FY) Assessment Year 2021-22 - Income eligible for Tax benefit and Deductions allowed in the Gross Total Income

Income Tax 2021-22: Tax Rates, Option for Tax Regime, Format for Declaration (old tax regime) - IT Circular dated 30.09.2021

Furnishing of evidence of claims by employee for deduction of tax under section 192 for the FY 2021-22 and AY 2022-23: Rent Receipt, Form 12BB & Statement of Income from House Property

Deduction of Income Tax at Source for the AY 2022-23: Exercise of option

Furnishing of declaration and evidence of claims by specified senior citizen under section 194P, Form No. 12BBA, Form No. 16 & Form No. 24Q: Income-tax (26th Amendment) Rules, 2021

Calculation of taxable interest relating to contribution in a provident fund:  Income-tax (25th Amendment) Rules, 2021 w.e.f. 1st day of April, 2022

New Income -Tax Rule 130 regarding Omission of certain rules, Forms & savings and Rule 131 Electronic furnishing of Forms, Returns, Statements, Reports, orders etc

Income-tax exemption to the amount received by a taxpayer for medical treatment from an employer or from any person for treatment of COVID-19: Rajya Sabha QA

Details of the budget proposal to impose a tax on interest earned on PF contributions above 2.5 lakhs per year - Rajya Sabha QA

Recovery of Income Tax for the year 2020-21 (Assessment Year 2021-22) - Salient features of the new tax regime (optional) 

Download Form 12BB as a Word, Excel or PDF file- All Employees to file Declaration under Form 12BB to claim deduction for savings under Section 80 C, payment of house loan interest under Section 24, and HRA exemption under Section 10

Pension Fund Regulatory and Development Authority (PFRDA) permitted Overseas Citizen of India (OCI) to enroll in National Pension Scheme (NPS) at par with Non-Resident Indians (NRI)