The Income Tax Department can condone a delay in filing an ITR after the deadline lapses. If the department gives the nod, ...

The ITR filing utilites for ITR-2 and ITR-3 has been updated on January 4, 2025 however, the JSON schema is not yet updated ...

Indian residents must disclose foreign assets and income in their ITRs by January 15, 2025, to maintain compliance and avoid penalties.

Skatteforvaltningen is being represented by international law firm Hughes Hubbard in its efforts to reclaim monies related to ...

Budget 2024's revamped tax regime offers simplified slabs, higher deductions, and savings up to Rs 17,500 annually, enhancing flexibility and easing tax compliance for taxpayers.

The Income Tax Department recently conducted search and seizure operations on Delhi Police personnel after discovering fraudulent refund cl.

Finance Minister Sitharaman revamped the income tax slabs in Budget 2024, enabling savings of up to ₹17,500. The standard ...

People who earn above a specific amount must pay tax on their income and it is called income tax. The government sets the tax ...

Following the Bombay High Court order to extend the revised and belated income tax return (ITR) deadline to January 15, 2025, ...

One should note that there have been no modifications to the income tax rules, slabs, and rates in the Old Tax Regime.