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…
Budget 2024: In the Union Budget 2024 tabled in the Lok Sabha on Tuesday, Finance Minister Nirmala Sitharaman proposed some…
With the concerns of the period of reassessment and reopening of income tax file, finance minister Nirmala Sitharaman in budget…
Finance Minister Nirmala Sitharaman presented her seventh consecutive budget on July 23. This budget marks the first budget of the…
Presenting the Budget for 2024-25 in the Lok Sabha, Finance Minister Nirmala Sitharaman said the standard deduction for salaried employees…
Budget 2024 Expectations: Union Finance Minister Nirmala Sitharaman is set to present the Budget for the financial year 2024-25 in…
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…
If Karta of a HUF transfers money from his account to the HUF account. How is it to be treated?…
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 have been working in merchant navy for five years. Every year, the high seas voyage amounts to about six-seven…
Congressman Matt Gaetz (R-FL) has introduced legislation to allow federal income tax payments to be made in Bitcoin. Exclusively reported first…
The Indian Income Tax Department provides various income tax return (ITR) forms tailored to different taxpayer scenarios. Selecting the appropriate…
Filing Income Tax Returns (ITR) is a crucial responsibility for taxpayers in India. Ensuring accurate and timely submissions can prevent…
BENGALURU: Kannada film actor Darshan may face the heat of the Income Tax (I-T) department soon as city police have…
Prime Minister Narendra Modi’s government is considering consumption-boosting measures worth more than 500 billion rupees ($6 billion) in India’s upcoming…