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

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 ...

The main deadline to file ITR forms to claim refunds is generally July 31st every year, however, a window is open for late ...

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

Once again salaried individuals will be required to file their income tax return (ITR) before the deadline for assessment ...

Taxpayers who file ITR after the deadline are fined Rs 5,000. For taxpayers with an income less than Rs 5 lakh, this penalty ...

Taxpayers must note that there is a penalty of Rs 5,000 imposed upon filing. For individuals with taxable income below a ...

The year 2024 has brought in significant changes to India's personal income tax structure, with multiple reforms announced in ...

The Institute of Chartered Accountants of India (ICAI) has proposed tax reforms to promote climate change mitigation, a ...

CBDT extends the deadline for revised ITR filing to January 15, 2024. Late fees apply. GST annual return deadline remains 31.

Extended due date for filing belated Income Tax Return till January 15, with penalties and consequences for non-filers.