Income Tax Budget 2024 Expectations: Tax experts suggest adjustments in tax slabs for old and new income tax regimes to reflect current...
Taxpayers are supposed to pay income tax via accounts opened at one of the 28 banks where payment of income tax is...
The Income Tax Department of India has made significant advancements in streamlining the ITR filing process. Individuals can use the Department’s e-filing...
ITR Filing Last Date: Know how to register on income tax portal to file the ITR ITR Filing Last Date: Filing your Income...
Taxpayers must file an ITR to claim refunds for taxes paid to the government. Additionally, they need to file an ITR if...
Five key changes have been introduced in tax return forms for FY2024-25. New Delhi: The Income Tax Department has updated several ITR forms...
It is necessary to be aware of all the deductions, and sections and to keep all supporting documents handy while filing ITR....
The Prime Minister Narendra Modi-led NDA 3.0 government is contemplating consumption boosting measures worth over Rs 50,000 crore ($6 billion) in India’s...
HRA is a significant part of a salaried individual’s income, offering substantial tax-saving benefits under the Income Tax Act. Correctly claiming HRA...
For a taxpayer, it is important to rectify any discrepancies between Form 16 and 26AS to ensure correct reporting of income and...