Awareness of key dates allows taxpayers to plan effectively and maximise deductions, exemptions, and other tax benefits. India’s tax system includes a...
The IT Department has asked income tax return filers to not make bogus claims for expenses, underreport earnings or exaggerate deductions. The...
Income Tax Return: Missing July 31 deadline means you would not be able to file your return later under the old tax...
Senior citizens in India can enjoy several financial benefits that contribute to financial security and alleviate the financial strain during retirement. Advanced...
The Income Tax e-Filing Portal provides taxpayers with a convenient way to track the status of their refunds. Here is a comprehensive...
The income tax department has stated that there has already been significant growth in tax collections in the first quarter of FY25....
Income tax slab for AY 2024-25 for salaried person : As per FM’s announcement, following will be the new tax slab in...
Tax payers falling in the highest tax bracket — those with a taxable income of Rs 15 lakh or more — will...
“I announce a comprehensive review of the Income Tax Act 1961. This will reduce disputes and litigation. It is proposed to be...
Union Budget 2024-25 will be FM Nirmala Sitharaman’s seventh consecutive budget, making her only the second finance minister to achieve this feat...