A Quick Take on Income Tax Filing (ITR) Process

The process of filing Income Tax Returns (ITRs) involves individuals and entities…

Income-Tax Department Ups the Game Against Those Submitting Fake Rent Receipts

January remains crucial for salaried individuals, considering companies ask for investment proof.…

Net Direct Tax Mop-Up Spikes 19% to Rs 14.7 Lakh-Crore Until January 10

The Revised Estimate (RE) for direct tax collection in the Interim Budget…

Failed to Submit Investment Proofs Within the Deadline? Here’s What Happens

The time to submit relevant investment proofs to avail deductions and reduce…
Tax Exemption

Missed December 31 Income-Tax Returns Deadline? Here’s What to do Next

For those who have missed the December 31, 2023, deadline for filing…

Interim Budget 2024-25: A List of Few Key Expectations

On February 1, 2024, Finance Minister Nirmala Sitharaman is scheduled to present…

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…