The new tax regime was introduced by the Finance Minister in the Union Budget 2020. This regime, also known as the simplified tax regime,...
Income tax department has said no action will be taken for a short deduction of TDS in case the assessee links his/her...
ITR Form 4 Sugam: ITR-1 and ITR-4 are streamlined forms designed to accommodate a significant portion of small and medium-scale taxpayers. Read...
Taxpayers are always on the lookout for ways to reduce their tax liabilities, seeking strategies that offer both financial security and regulatory...
Income Tax Return Filing AY 2024-25: Even as the income tax department has enabled online ITR filing for the assessment year 2024-25 (or...
The Income Tax Department has a keen eye on the details provided by taxpayers in their income tax returns. If any errors...
New Tax Regime Vs Old Tax Regime: Selecting the most tax-efficient income tax regime, either the old or new, can be a...
Refunds aggregating to Rs 3.79 lakh crore have been issued in FY 2023-24, the CBDT said Also Read– Income tax slabs FY 2024-25:...
The new income tax regime offers several benefits, including a simplified tax structure with lower rates. Are you still undecided about which...