Her response was clear: the government’s approach aims at simplification and rationalization, not just for the middle class but for all taxpayers....
The clarification is crucial for taxpayers looking to understand how their capital gains will be calculated under the updated rules. The Income...
Union Budget 2024: The FM said that more than two-thirds of tax filers availed of the new personal income tax regime in...
Tax payers falling in the highest tax bracket — those with a taxable income of Rs 15 lakh or more — will...
Under Section 87A of the Income-tax Act 1961, taxpayers with a total income up to Rs 5 lakh under the old tax...
It is to be noted that the last date to file your ITR is July 31, 2024. If you fail to verify...
Income tax return filing: Taxpayers have reported several issues, including difficulty accessing Form 26AS/AIS/TIS due to glitches in the portal, and discrepancies...
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 has issued a strong advisory to taxpayers, advising them against submitting income tax returns with inaccurate claims for...
New Delhi, Jul 1 (PTI) Goods and Services Tax (GST), which completed 7 years of implementation on Monday, has brought happiness and relief...