The Union Finance Minister Nirmala Sitaraman recently announced the introduction of the new tax regime in the Interim Budget session. As per...
GST field officers will now have to seek the approval of their zonal principal chief commissioners to initiate an investigation against any...
The new tax regime is the default tax regime, however, taxpayers can choose the tax regime (old or new) that they think...
With the new financial year (FY) 2024-25 starting from April 1, a crucial decision awaits salaried taxpayers: opting for the old or...
April 1 marks the beginning of a new financial year after which Union Budget proposals on income tax take into effect from...
Taxpayers who failed to file their returns on time can correct the omission using ITR-U. Errors in the previously filed ITR, such...
Income Tax Act provides certain avenues to save tax by investing funds in specified securities like PPF, LIC premiums, fixed deposits, ELSS...
Ah, Tax season. Two little words that can trigger a wave of anxiety. But fear not! Filing your Income Tax Return (ITR)...
As the 31st March deadline is approaching, taxpayers are in a rush to find more tax saving options. Some of them might...
Contributions to charity can be an excellent way to contribute to society and also decrease your tax liability in India. Here’s an...