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Stay updated on direct tax and indirect tax, income tax returns, GDP, government policies and schemes, and breaking news on due dates and extensions.

Income-Tax Returns 2024: Changes Unveiled in 2023 to Impact You This Year

In the Union Budget 2023, the government unveiled a set of new…

Income-Tax Act Amendments: Norms for Rental Income Deductions

As per Section 194-I of the Income-Tax Act (ITA), 1961, individuals and…

January 2024: Remain Watchful of These Important Tax-Related Dates

Tax planning is essential for every individual to ensure savings and avoid…

A Brief Note on Belated and Revised Returns

The Income-Tax (IT) department has notified the final date to file belated…

Advance Tax: Are Senior Citizens Liable to Pay it?

An individual whose tax liability is anticipated to exceed Rs 10,000 in…

ITR Mismatch Advisory Notice: Here’s How A Taxpayer Should Address It

The Income Tax (I-T) Department has issued advisories to several taxpayers concerning…

Income-Tax Department Keeps Hawk-Eye on TDS and ITR Mismatch

The Income Tax (I-T) department is closely scrutinising differences in tax deducted…

Changes Introduced in New Sahaj, Sugam Income Tax Forms for AY 2024-25

For the assessment year (AY) 2024-25, taxpayers are mandated to provide additional…
  • Rajiv Dogra
  • Posted on

Tax-Saving Strategy: A Note on Allowances to Claim Deductions

A salaried individual–especially those who fall under the higher tax slab bracket–can…
  • Rajiv Dogra
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Old vs New Tax Regime: A Focus on Efficient Tax Planning

The new tax regime was introduced in April 2020, and the new…
  • Rajiv Dogra
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