Effective June 1, all employees will have to fill in a new form 12BB issued by the central board of direct taxes in order to claim a tax deduction on LTA (Leave Travel Allowance), HRA (House Rent ...
Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...
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Key tax moves to complete before December 31, 2025
The financial year ends in March, but December 31 is a critical tax-planning checkpoint. Many tax-saving actions must be planned early to avoid last-minute rush and stress. Salaried employees must ...
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