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2 mins read

Important dates to remember while filing your ITR this time!

13 days from now, i.e., 31st July 2024 is the last date for salaried individuals, non-resident Indi…

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1 min read

Cipla gets Rs 773 cr demand notice from I-T dept

Shares of Cipla on Tuesday settled 0.56 per cent down at Rs 1,507.50 apiece on the BSE.

PTI   


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3 mins read

ITR filing: Documents you need to file your income tax return

If you've paid premiums for a life or health insurance policy during the year, or invested in ELSS…

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3 mins read

Wondering which ITR form is right for you? Know all about it here

It's time to file your ITRs! While the deadline is 31st July, it's best to not put off filing your …

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3 mins read

Decoding Form 16: How do you file your taxes if you don't get Form 16?

While you can still download Form-16, there's another, manual way to figure out your tax liability.…

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3 mins read

Confused about the new tax regime? Here's when you should opt for it

The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…

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4 mins read

All you need to know about the new tax regime

The new tax regime was introduced in Budget 2020 as a means to simplify tax calculations and offer …

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1 min read

Link PAN with Aadhaar by May 31 to avoid double TDS deduction: Income Tax Department

The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid ta…

PTI   


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2 mins read

Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary

​​Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…

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2 mins read

Received a tax mismatch notice from the IT department? Here is how to set it right

An income tax mismatch notice can happen due to several reasons. In an increasingly digital world, …

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3 mins read

Last-minute rush: 5 things to do before March 31

March 31 is the end of the financial year and is often a busy time for accountants and bankers. Eve…

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4 mins read

India’s Income Tax Burden: Mere 0.3% of adult population account for 76% of total personal IT receipts

Data shows that currently India has 66.5 million individuals who pay personal income tax, which is …

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4 mins read

GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout

The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…

PTI   


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2 mins read

Universal basic income is 'straight out of the Karl Marx playbook,' financial guru Dave Ramsey says

Handing out cash with no strings attached discourages people from working and reaping the rewards o…

Theron Mohamed   


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3 mins read

Made a mistake while filing tax returns? Here’s how to file a revised ITR

The process of revising a tax return involves making necessary updates and corrections to a previou…

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2 mins read

The IRS's free tax filing system is officially open. Here's everything you need to know.

The IRS launched the Direct File tax program in March and residents of 12 states are eligible for t…

Allie Kelly   


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4 mins read

ITR filing deadline is today – If you miss it, there are more consequences than just a penalty

The Income Tax Act provides provisions for offsetting and carrying forward losses. Offsetting invol…

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3 mins read

Tax implications on income of a minor – What every parent should know

Income earned by a minor child from activities involving their skills, talent, or specialised knowl…

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4 mins read

Looking to file taxes on your own? Here is what you need to keep in mind

It is that time of the year again – when we have to file our taxes. While we can take the services …

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2 mins read

Decoding ITR forms: Which one should you use to file your taxes?

Tax filing season is here. On the income tax website there are various income tax forms available t…