Personal Finance Archives - BuzzOdisha.Com

New Rent Exemption Rules: Key Changes in HRA, Form 124, PAN Compliance & Tax Transparency

February 26, 2026 by BuzzOdisha Team

New Rent Exemption Rules – The Indian tax system is undergoing a significant transformation with the introduction of the Income Tax Act 2025, bringing stricter compliance measures, enhanced transparency, and tighter scrutiny of financial declarations. These changes directly impact salaried individuals claiming House Rent Allowance (HRA), companies undergoing audits, and taxpayers with foreign income. With … Read more

ICAI Proposes Joint Taxation for Married Couples to Address Inadequate Basic Exemption Limits

January 22, 2026 by BuzzOdisha Team

Rethinking India’s Personal Income Tax Structure for Single-Earner Families Joint Taxation for Married Couples – India’s personal income tax framework has long been designed around individual taxation. While this approach appears equitable on paper, it often fails to reflect the social and economic realities of Indian households. A significant number of Indian families continue to … Read more

Zero Tax on Rs 15.5 Lakh Salary? New Tax Regime Hack Revealed (2025 Guide)

June 16, 2025 by BuzzOdisha Team

Zero Tax: Imagine earning ₹15.5 lakh annually and paying ZERO income tax! While the new tax regime offers a ₹75,000 standard deduction and increased rebates, achieving zero tax at this income level requires smart structuring. Here’s how it’s legally possible for FY 2025-26: 🔑 Key Features of New Tax Regime (FY 2025-26) Same rates for … Read more

Pay Zero Tax on ₹18.75 Lakh Salary: New Tax Regime Tricks (2025-26)

June 16, 2025 by BuzzOdisha Team

Pay Zero Tax: Imagine earning ₹18.75 lakh annually and paying zero income tax. Sounds unreal? With India’s new tax regime and smart use of exemptions, this is legally achievable in FY 2025-26. Here’s how salaried Indians can maximize savings. 🚀 New Tax Regime Slabs (FY 2025-26) Your tax liability starts here: Income Slab (₹) Tax Rate Up to … Read more