Latest income tax slabs: The slab rates are easy to remember, slab changes with every block of 4 lakh and corresponding tax rates changes 5% up to six blocks By…
One of the major amendments proposed in the current budget is the change in the tax rates and slabs under the Concessional Tax Regime. By Surabhi MarwahBudget 2025 income tax:…
The Income Tax Act, 1961's old tax regime provides various tax exemptions and deductions. (AI image) Income Tax Filing FY 2024-25: Employers are currently requesting salaried employees to provide documentation…
If one fails to submit a belated return by December 31, 2024, specific consequences apply. ITR filing deadline: December 31, 2024, marks the final deadline for submitting belated and revised…
Income Tax Expectations Budget 2024: Finance Minister Nirmala Sitharaman will present the Union Budget 2024 on July 23, 2024 and the Budget is being looked at for relief to salaried,…
By Ratna KBudget 2024 income tax expectations: With the government’s 3.0 Budget round the corner, taxpayers are optimistic that the finance minister will introduce measures aimed at revitalizing the economy…
By Surabhi MarwahBudget 2024 income tax expectations: The government is set to table its first full budget after elections and the wish list of taxpayers is as long as ever.…
By Tanu GuptaBudget 2024 income tax expectations: Increase in the limits of various exemptions and deductions is one of the prime expectations of the individual taxpayers from any Union Budget.…
By Parizad SirwallaITR Filing FY 2023-24 new versus old tax regime: The Indian government introduced the new tax regime in the Union Budget 2020 as a simplified alternative to the…