Income Tax Changes Budget 2024: In the recent Budget 2024 speech, the Finance Minister kept the Section 80C tax deduction limit unchanged....
New Delhi: Starting from April 1, 2020 (FY 2020-21), the government introduced a New Tax Regime (Section 115BAC) as an optional alternative to...
New Delhi: As Finance Minister Nirmala Sitharaman prepares to present the last (interim) Budget before the 2024 general elections on Feb 1, millions...
New Delhi: The Interim Budget 2024 being vote on account, might not see any major announcements from Finance Minister Nirmala Sitharaman. However...
As per CBDT, a taxpayer is a person who either has filed a return of income for the relevant assessment year (AY)...
In case you have delayed the e-verification or filing of income tax return (ITR) beyond December 31, you can make a proper request for...
MUMBAI: The Rajasthan bench of the Authority for Advance Rulings has held that GST (Goods and Services Tax) is applicable on the...
Attention may be directed towards aspects such as making the new tax regime more lucrative, reducing complications, ensuring robust tax collection and...
Every salaried individual is subject to tax as per the slab rate depending on their total taxable income, including other income, i.e.,...
Filing your income tax return (ITR) on time is crucial, and the Income Tax Department strongly advises against waiting until the last...