In accordance with Section 194-I of the Income Tax Act, individuals and Hindu Undivided Families (HUFs) responsible for paying rent to a...
Adhering to tax deadlines plays a pivotal role in avoiding penalties, interest charges, and ensuring smooth income tax return (ITR) filing. It...
As the March 31 deadline for filing the 2023-2024 income tax returns approaches, there are several crucial warnings for taxpayers to exercise...
In a sweeping overhaul of India’s Income Tax Return (ITR) filing system, the government has instituted significant changes, including the mandatory requirement...
The GST figure marked an increase of 10.3 per cent compared with the corresponding period a year ago, according to a statement...
One of the important rules in personal taxation was the designation of the New Income Tax Regime as the default tax structure....
Know India’s residency and source rules for taxation. If your stay in India exceeds 182 days in a financial year, you are...
Income Tax Return Filing Last Date: The deadline to file Income Tax Returns for FY 2022-23 ends today. The tax department cautioned...
New Tax rules 2023: The Government of India announced several new rules for the Income Tax in the Union Budget 2023. One of...
The “Discard” option comes as a solution for individuals who may have inadvertently submitted incorrect information while filing their ITRs. New Delhi: In...