There is some leeway in selecting a tax regime thanks to the Income Tax Department. Lower tax...
income tax
If you have recently sold an asset and are unsure whether the sale will be computed as...
With the revision of tax rates in the new tax regime (NTR) announced in Budget 2024, some...
In Budget 2024, the central government has sweetened the new tax regime with more slab relaxations and...
In the Union Budget 2024, presented by Finance Minister Nirmala Sitharaman on July 23, the tax rates...
With the concerns of the period of reassessment and reopening of income tax file, finance minister Nirmala...
Although a range of tax-related changes are introduced every year for taxpayers, a few key changes are...
Submitting the Income Tax Return (ITR) is essential as it outlines a taxpayer’s earnings over the fiscal...
Verifying your Income Tax Return (ITR) after filing is crucial, and fortunately, the Income Tax Department offers...
The introduction of the new tax regime in India marks a significant shift in the country’s tax...
Individual taxpayers must file income tax returns (ITR) before 31 July 2024 to avoid penalties. This deadline...
The deadline for filing income tax returns (ITR) for the financial year 2023-24 is July 31. There...
I-T rules require all taxpayers who hold foreign assets to declare them under Schedule FA. These include...
The deadline for filing income tax approaches each day, underscoring the importance for senior and super-senior citizens...
The Indian Income Tax Department provides various income tax return (ITR) forms tailored to different taxpayer scenarios....
Budget 2024: Tax and consultancy firm EY, as quoted by Moneycontrol, said in a report on June...
2024-07-02 11:00:02 Union Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2024-25 in Parliament...
Certain allowances are exempt from income tax up to certain thresholds. This essentially lowers your taxable income,...
Form 16 holds significant importance for employed individuals in India during the income tax filing process. It...
The deadline for filing ITRs for the financial year 2023-24 (Assessment year 2024-25) is July 31, 2024....
