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Income Tax
14 May 2024
Taxpayers Can Now Check Status Of Their Feedback On Financial Transactions
Income Tax Department has taken a new initiative towards ease of compliance and enhanced taxpayer services.
New tax regime
23 Mar 2024
New Tax Regime: Consider These Deductions For Optimal Savings
Despite fewer deductions, certain allowances and exemptions remain available under the new tax regime. These are mentioned below.
Income tax deadline
23 Mar 2024
5 Must-Do Financial Tasks Before March 31
Here are the 5 tasks you must complete before March 31, 2024, to avoid penalty.
Income Tax
22 Mar 2024
Should Ultra Rich Pay Higher Tax? Check Why This Topic Is Gaining Momentum
Super tax is levied against people who earn high incomes. The topics of equity and fairness are central to the super tax discussion. Bill Gates has stated that he wants the ultra-rich to pay more taxes.
itr
27 Feb 2024
Got ITR Notice For Transaction Amount Mismatch? Here Is What You Need To Do
Taxpayers are being informed of ITR mismatch through SMS and emails as per details available with Income Tax Department.
Tax-saving instruments
18 Feb 2024
Want To Save Money On Taxed Income? Check THESE 5 Tax-Saving Instrument
These investments may help lower your taxed income. There are various ways for taxpayers to reduce their tax obligations. Tax saving can be broadly categorized into two expenses and investments.
Income tax return
17 Feb 2024
Tax Season Is Here! Know Difference Between Income Tax Return And TDS
Learning about the concepts of TDs vs ITR can help taxpayers understand what they need to do and make sure they follow the rules correctly.
ITR filing AY 2023-24
27 Oct 2023
ITR Filing By Individual taxpayer Increases By 90% To 6.37 Crore In AY 2021-22
In the last nine years, ITR filings has shown a consistent upswing, as per the Income Tax Department's Time Series Data of Direct Taxes and Income Tax Return statistics.
Sukanya Samriddhi Yojana
11 Oct 2023
International Girl Child Day: Invest Rs 177 Daily And Get Rs 30 Lakh
Sukanya Samriddhi fetches a very lucrative rate of interest which makes it a very attractive investment scheme for your girl child.
ITR filing 2023
03 Oct 2023
Over 30 lakh Audit Reports filed on IT Dept’s e-filing portal till Sept 30
The e-filing portal successfully handled the traffic, providing a seamless experience to the taxpayers and tax professionals for filing the audit reports.
ITR filing AY 2023-24
05 Sep 2023
Section 80P Notice: Got Notices For Wrongly Claiming Tax Deductions?
In response to a query raised by tax payer, chartered accountant Nirav Choksi on X (formerly Twitter), the tax department said that "an email communication regarding this will be sent to you shortly".
ITR filing AY 2023-24
23 Aug 2023
ITR Refund Still Not Credited Into Your A/C? It Could Be Due To SMALL MISTAKE
Incase you've completed your ITR submission but have yet to verified it, there are three concerns that should be cause of your concern, check them out.
Business
16 Aug 2023
5 Income Tax Rules Regarding ITR Refund You Should Know
Filed ITR FY 2022-23 and eligible for Income Tax Refund? Check these important points
ITR filing AY 2023-24
01 Aug 2023
Will ITR Deadline Be Extended? Belated Return Option Available Till This Date
People on social media are pointing to heavy rainfall in various parts of the country and technical problems with the ITR portal as the reasons for their inability to meet the July 31 deadline.
ITR filing AY 2023-24
01 Aug 2023
ITR Filing Last Date: What If You File Your Tax Return After July 31? Check
Filing ITR can be done both online and offline. Not filing ITR or late filing can attract penalty up to Rs 5,000. Check the details.
ITR filing AY 2023-24
31 Jul 2023
ITR Filing: Last Day Today, Salaried People Must Keep These 9 Documents Handy
Before Filing Your ITR You must keep these 9 Checklist of documents or information for filing ITR-1 SAHAJ.
ITR filing AY 2023-24
31 Jul 2023
ITR Filing FY 2022-23: Last Day To File, Check 5 Last Minute Mistakes To Avoid
Since today is the last day to file your ITR, you must be mindful that you don't comit any last minute error.
itr
30 Jul 2023
Almost 6 Cr I-T Returns Filed Till Now, Says Govt As July 31 Deadline Nears
The department also informed that 10.39 lakh ITRs have been filed up to 1 p.m. Sunday and 3.04 lakh ITRs have been filed in the last one hour.
ITR filing AY 2023-24
28 Jul 2023
ITR Deadline Ends In 3 Days: Loan Customers Unable To Get Interest Certificate
All home loan borrowers are required to submit home loan certificates to avail tax deductions to claim tax benefits on the home loan principal and home loan interest repayment under sections 80C and 24 of the Income-tax Act, 1961, respectively
Income tax return
27 Jul 2023
Major Changes Coming Into Effect From August That Will Directly Impact You
The ITR must be submitted by July 31 by law. As of now, there is no plan by the administration to extend the ITR deadline.
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