There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

ITR portal glitches, Income tax notice management; other issues plague e-filing ITR portal; Experts urge FM to look into this ...

In addition to tax cuts, there is a desire for simplification of the tax filing process. Taxpayers have been requesting ...

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.

Tax planning done right can reduce your tax liability by up to 26%. Most people don’t know about the tax-saving opportunities they can use. A tax planner India helps you tap into these savings. The ...

Changes were made in the July Budget to reduce the complexity of the capital gains tax calculations and give some income tax ...

ITAT Ahmedabad held that non-compliance to notices issued u/s. 250 by CIT (A) resulted into delayed appellate proceedings. Accordingly, cost of Rs. 5,000 imposed on the assessee for lack of diligence.

Union Budget, Finance Minister Nirmala Sitharaman offered a glimmer of hope by announcing a six-month review of the 1961 Act.

Navigating the NRI taxation and double taxation avoidance treaties can be daunting. Here is a guide to maximizing tax ...

It's the final day to file your belated or revised Income Tax Returns (ITR) for the assessment year (AY) 2024-25. While the original deadline was December 31, 2024, the Central Board of Direct Taxes ...

ITR deadline today, January 15, 2025: Taxpayers must noted that today is the deadline for filing your income tax returns (ITR) if you missed the original date or are submitting a revised return ...