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…
The introduction of the new tax regime in India marks a significant shift in the country's tax landscape, aimed at…
Individual taxpayers must file income tax returns (ITR) before 31 July 2024 to avoid penalties. This deadline marks the final…
The deadline for filing income tax returns (ITR) for the financial year 2023-24 is July 31. There are numerous benefits…
I-T rules require all taxpayers who hold foreign assets to declare them under Schedule FA. These include stock options, foreign…
The deadline for filing income tax approaches each day, underscoring the importance for senior and super-senior citizens to grasp the…
The Indian Income Tax Department provides various income tax return (ITR) forms tailored to different taxpayer scenarios. Selecting the appropriate…
Budget 2024: Tax and consultancy firm EY, as quoted by Moneycontrol, said in a report on June 27 that the…
2024-07-02 11:00:02 Union Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2024-25 in Parliament in the third…
Certain allowances are exempt from income tax up to certain thresholds. This essentially lowers your taxable income, which in turn…
Form 16 holds significant importance for employed individuals in India during the income tax filing process. It includes comprehensive information…
The deadline for filing ITRs for the financial year 2023-24 (Assessment year 2024-25) is July 31, 2024. With just over…
Tax deducted under Sections 192 to 195 of theIncome Tax Act, typically by employers, necessitates issuance of a certificate (most…
With the dawn of Modi 3.0, all eyes are eagerly set on the upcoming Union Budget of 2024, slated for…