Some income taxpayers have reportedly received notices under section 148, which is related to the reopening of assessments for the…
A recent decision by the Mumbai bench of the Income Tax Appellate Tribunal in the case of one of the…
Independent content creators who have seen a spike in their earnings are flocking to financial advisers, wealth managers and chartered…
It is understandable that procuring a personal loan is the last resort for a lot of people. Every time a salaried…
The deadline to file an income tax return (ITR) passed on July 31, 2024, following which eligible taxpayers received either…
The Central Board of Direct Taxes (CBDT) has released its Central Action Plan (CAP) for FY2024-25, outlining a roadmap for…
I want to make a HUF. Getting a PAN card is not a problem. The problem is capital. Where do…
Budget 2024 has introduced significant changes to the National Pension System (NPS), aiming to make it more attractive and beneficial…
The concept of a surcharge is simple – it’s an extra tax on your total tax liability if your income…
The last date to file an income tax return (ITR) ended on July 31, 2024, and taxpayers are now awaiting…
Since the deadline to file income tax return (ITR) did not get any extension beyond July 31, the last date…
There is some leeway in selecting a tax regime thanks to the Income Tax Department. Lower tax rates and a…
If you have recently sold an asset and are unsure whether the sale will be computed as per the short-term…
With the revision of tax rates in the new tax regime (NTR) announced in Budget 2024, some taxpayers are in…
In Budget 2024, the central government has sweetened the new tax regime with more slab relaxations and an increase in…
In the Union Budget 2024, presented by Finance Minister Nirmala Sitharaman on July 23, the tax rates for long-term capital…
With the concerns of the period of reassessment and reopening of income tax file, finance minister Nirmala Sitharaman in budget…
Although a range of tax-related changes are introduced every year for taxpayers, a few key changes are ‘radical’ and occur…
Submitting the Income Tax Return (ITR) is essential as it outlines a taxpayer’s earnings over the fiscal year, and doing…
Verifying your Income Tax Return (ITR) after filing is crucial, and fortunately, the Income Tax Department offers several convenient methods…