IT department alerts taxpayers on fake news circulating about ITR deadline and warns about tax refund scams The Income Tax department issued...
The income tax department has stated that there has already been significant growth in tax collections in the first quarter of FY25....
For the financial year (FY) 2023-24, the new tax regime is the default option for taxpayers. Finance Minister Nirmala Sitharman announced some...
Union Budget 2024: The FM said that more than two-thirds of tax filers availed of the new personal income tax regime in...
Globally, in most jurisdictions, there is no bifurcation of capital gains between long term and short term. Besides, unlike India, capital gains...
The Act is divided into various chapters, each dealing with different aspects of income tax. It contains several sections, each addressing specific...
ITR filing season: If you have made a mistake in your ITR then there is a new option called ‘Discard ITR’. You can...
Income tax slab for AY 2024-25 for salaried person : As per FM’s announcement, following will be the new tax slab in...
Budget 2024: The latest income tax slab for FY 2024–25 has been announced by the finance minister of India, Nirmala Sitharaman, on...
ITR filing: Over 4 Crore ITRs filed for AY 2024-25, Deadline Approaching! ITR filing: The final bell for Income tax return filing...