Following the Bombay High Court order to extend the revised and belated income tax return (ITR) deadline to January 15, 2025, ...

ITR: To claim a tax deduction in FY25 for which you would file an income tax return (ITR) before July 31, the investment must ...

Finance Minister Sitharaman revamped the income tax slabs in Budget 2024, enabling savings of up to ₹17,500. The standard ...

The main deadline to file ITR forms to claim refunds is generally July 31st every year, however, a window is open for late ...

Once again salaried individuals will be required to file their income tax return (ITR) before the deadline for assessment ...

One should note that there have been no modifications to the income tax rules, slabs, and rates in the Old Tax Regime.

Taxpayers should note that these changes will only be implemented on the back end for the ITR-2 and ITR-3 forms.

The year 2024 has brought in significant changes to India's personal income tax structure, with multiple reforms announced in ...

Taxpayers who file ITR after the deadline are fined Rs 5,000. For taxpayers with an income less than Rs 5 lakh, this penalty ...

The Institute of Chartered Accountants of India (ICAI) has proposed tax reforms to promote climate change mitigation, a ...

CBDT extends the deadline for revised ITR filing to January 15, 2024. Late fees apply. GST annual return deadline remains 31.

File your income tax return by December 31 to avoid penalties, jail term, and higher TDS rates. Be compliant to avoid ...