GST filing hassles are over! These taxpayers have received relief, learn how the rules will change.
– Advertisement – Filing annual returns has always been a major challenge for small businesses and professionals since the implementation of the Goods and Services Tax (GST). Not only is the process time-consuming, but it also requires the help of accountants and tax consultants, which adds additional expense. Since the implementation of the Goods and […]
Taxpayers pay attention! If your refund is stopped after ITR, then the money will come only after e-verification, know where the mistake happened
Taxpayers pay attention! If your refund is stopped after ITR, then the money will come only after e-verification, know where the mistake happened – Advertisement – Income Tax Refund: When taxpayers file income tax returns, they eagerly await their refund. The question remains in their minds as to when they will get the refund amount. […]
New Income Tax Bill Passed: Major Relief for Taxpayers with Fresh Exemptions and Benefits
– Advertisement – There is a relief news for taxpayers. Recently, Parliament has passed the Income Tax (No. 2) Bill, 2025, which will come into force from April 1, 2026 and will replace the old Income Tax Act of 1961. If you are a salaried class and you pay tax then there is good news […]
Why Salaried Taxpayers Earning Up to ₹12 Lakh May Lose Out Under the New Income Tax Regime
– Advertisement – The new income tax regime has become attractive as the government has made income up to Rs 12 lakh per annum tax-free. The new regime is easy for taxpayers. There is no need to provide proof of investment in it. There is also less chance of mistakes in filing income tax returns. […]
Why Some Taxpayers With Income Up to ₹7 Lakh Miss Out on Section 87A Rebate
– Advertisement – The government started giving special rebate under section 87A to give tax relief to people with low income. This rebate is available in both the new regime of income tax and the old regime. However, there is a difference in the amount of rebate. In the new regime, if a taxpayer’s annual […]
Taxpayers Alert! New Income Tax Bill May Be Presented on August 11– Key Highlights Expected
– Advertisement – Union Finance Minister Nirmala Sitharaman may introduce the much-awaited Income Tax Bill, 2025 in Parliament on August 11. Let us tell you that the new Income Tax Bill 2025 was introduced in Parliament on February 13. Later it was sent to the committee which submitted its report on July 21. If everything […]
CBDT issued circular: For TDS deduction in 2023-24, salaried taxpayers will have to choose option in new or old tax regime
Income Tax Regime: The financial year 2023-24 has started. Employers are going to seek information from their employees whether they will adopt the new income tax regime or the old tax regime. In such a situation, CBDT has issued a circular regarding the modalities of TDS deduction in 2023-24, in which it has been said […]
Income Tax: Good news… From today the government is going to give this big relief to the taxpayers
Income Tax Slab Change: In the announcement of Budget 2023, the government gave a big relief to the taxpayers who adopted the new tax regime. Finance Minister Nirmala Sitharaman had announced changes in Income Tax Slabs while presenting the Budget 2023. He said that under the new tax regime, the taxable income has been increased […]
New Income Tax Rules: From today taxpayers will have to accept these 13 new income tax rules
New Income Tax Rules: The new financial year has started and changes related to income tax rules have also been implemented for every taxpayer. From today, many changes are taking place in the rules of income tax. The new tax regime is in focus, while many types of tax benefits are also in discussion, which […]
Big Relief to taxpayers earning more than Rs 7,00,000 in the new tax regime
The government on Friday gave some relief to the taxpayers opting for the new tax regime. For this, by amending the Finance Bill, it has been provided that persons earning a little more than the tax-free income of Rs 7,00,000 will have to pay tax only on the additional income. The Lok Sabha has approved […]
New App for Taxpayers: Big news! Income tax department launches AIS app for taxpayers, also issued update on form 26as, check details
New App for Taxpayers: If you are a taxpayer, then there is good news for you. Income Tax Department has launched a new app called AIS App. In this app, taxpayers will get complete information about every transaction. The IT department has issued an update on Form 26AS. Only TDS/TCS data is visible in it. […]
Income Tax Comparison: Good news for Taxpayers! No tax will be paid on income of Rs 7.50 lakh, know details
Income Tax Comparison: Good news for Taxpayers! No tax will be paid on income of Rs 7.50 lakh, know details Income Tax Comparison: The new budget was presented on 1 February. In this, Finance Minister Nirmala Sitharaman had talked about making income up to Rs 7 lakh tax free, but till now people have not […]
Income Tax exemption limit: Good news for taxpayers! Up to ₹ 5 lakh can be exempted in income tax
The preparation for the General Budget 2023-24 (Budget 2023-24) is going on in full swing. The government can give big relief to taxpayers in the budget to be presented in February next year. In fact, industry body Assocham has demanded the government to double the income tax exemption limit in the next budget. Assocham has said […]
Income Tax: Big News for taxpayers ! Customers of these big banks will not be able to pay tax online
ITR Filing: If you pay income tax online, then you must be updated about this news. Before paying tax, you should know whether your bank is connected to the tax payment facility route or not. Actually, the Income Tax e-filing portal has started the service of E-Pay Tax. Bank e-pay will be attached to the […]
Capital Gain Tax: Big news ! There will be a big announcement for taxpayers in Budget 2023! Government is going to make this change
Capital Gain Tax: Big news ! There will be a big announcement for taxpayers in Budget 2023! Government is going to make this change The Finance Minister will present the budget for the year 2023 on 1 February 2023. From this time’s budget, there are great expectations from the job profession to the farmers. It […]
Taxpayers beware: Big News! Only 2 days left to file income tax return, check details
Taxpayers beware: Big News! Only 2 days left to file income tax return, check details ITR Filing: The Finance Ministry has announced to extend the date of filing Income Tax Return for the category of companies in the assessment year 2022-23. The last date for ITR filing of this category of people was October 31, […]
Big news for taxpayers! IT department issued draft of common ITR form, tax filing will be easy
Big news for taxpayers! IT department issued draft of common ITR form, tax filing will be easy Draft Common ITR: With the introduction of Common ITR, people will get ease in tax filing. The CBDT has sought opinion on the Common ITR Draft till December 15. In the new common ITR, more and more things […]
Income Tax: Relief to Taxpayers! IT department introduced draft of common ITR form, tax filing will be easy
The Finance Ministry on Tuesday released the draft Common ITR Form for all taxpayers. Under which income from virtual digital assets will have to be disclosed under a separate head. The Finance Ministry on Tuesday released the draft Common ITR Form for all taxpayers. Under which income from virtual digital assets will have to be […]
ITR Deadline: Latest Update for Taxpayers, Now Income Tax Return can be filed by 31st October!
ITR Deadline: Latest Update for Taxpayers, Now Income Tax Return can be filed by 31st October! Income Tax Calculator: People in the country have to file Income Tax Return once in a year. For those people whose income is taxable, then it becomes very important to file ITR. Let us know the deadline for filing […]
Big news for taxpayers, get this work done immediately in 15 days
Big news for taxpayers, get this work done immediately in 15 days The Income Tax Department has sent e-mails to many taxpayers. In this, taxpayers have been asked to confirm the ITR refund claim. For this, the Income Tax Department has also issued a deadline. Let us tell you that a large number of taxpayers […]
IT Department Released Refund: Refunds issued to about 2 crore taxpayers in August, check details
In the month of August, the Income Tax Department has issued refunds of more than one lakh crore rupees to about two crore income tax payers. The Central Board of Direct Taxes has given this information today. According to the CBDT, refunds worth Rs 1.14 lakh crore have been issued to 1.97 crore taxpayers between […]
ITR New Deadline: Government has given a big order for taxpayers, know about the c
ITR Filing Update: The last date to file ITR was 31st July. If you have not filledyour ITR, then now you fill it immediately with penalty. Meanwhile, let us tell youthat the government has changed another big rule of ITR. The government hastightened the rules of e-verification. According to the notification issued by theFinance Ministry, […]
Taxpayers Big News ! Tax payers must read this news, Government is going to take this step, see here immediately
If you also pay tax, then this news is only for you, the taxpayers may get a big blow. The central government can abolish the old income tax regime. Along with this, the exemption from income tax to the taxpayers will also stop. At present, taxpayers have the right to choose between the old and […]
IT Department Big News: Government gave a big order for taxpayers, new deadline issued regarding ITR
Income Tax Return Filing Update: The last date to file ITR was 31st July and the government did not extend it even further. In such a situation, if you have not filled your ITR, then now you fill it immediately with fine. Meanwhile, let us tell you that the government has changed another big rule […]
Good news for taxpayers: These big changes in the rules , check new rules instantly
Good news for taxpayers: Income Tax Department has given a big relief to the taxpayers. Taxpayers claiming Foreign Tax Credit (FTC) will benefit. The Central Board of Direct Taxes (CBDT) has amended the rule relating to FTC. CBDT (Central Board of Direct Taxes) has made changes in Rule 128 of the Income Tax Act, 1962. […]
ITR will be rejected without verification, these taxpayers will have to do this work within 30 days
ITR Verification: The last date for filing ITR (Income Tax Return) for the salaried and such taxpayers whose accounts are not to be audited, has passed on July 31. Now the process of its verification has to be completed. Verification is very important as without it ITR filing will be […]
Good news for taxpayers, got a chance to pay two years old tax, know what are the rules and how long is the deadline
Tax Payer Latest News: If you come under the tax net, then it is good to file Income Tax Return on time. This saves you from many problems. If you have not filed returns for the financial years 2019-20 and 2020-21 due to any reason, then there is good news for you. Such taxpayers can […]
ITR Filing Penalty Rules: These taxpayers will not have to pay penalty for filing ITR even after the deadline is over
ITR Filing Penalty Rules: These taxpayers will not have to pay penalty for filing ITR even after the deadline is over ITR Filing Penalty Update: According to the Income Tax Act, even after the deadline is over, every person filing income tax return is not required to pay penalty. The deadline for filing income tax […]
Income Tax Payers Big News: Taxpayers get 19 formulas to save tax in just one section, where have you invested?
ITR Latest Update: The last date for filing ITR is now very close. ITR for the year 2022-23 under review can be filed up to July 31 without any additional charges. In such a situation, salaried citizens are adopting various tactics for tax exemption. Under the Income Tax Act, many […]
ITR Update: Attention Taxpayers! if you fail to file income Tax return, you will be jailed
ITR Update: Attention Taxpayers! if you fail to file income Tax return, you will be jailed ITR Update: The Income Tax Department is constantly warning taxpayers to fill their returns, but some taxpayers are sitting in the hope that this time also the return date will go ahead. Such people should know that if you […]
Income Tax Return Big News: Taxpayers demand extension of deadline, Twitter users said – website is not working
Income Tax Return Big News: Taxpayers demand extension of deadline, Twitter users said – website is not working Income Tax Return Filing: The deadline for filing income tax return for the assessment year 2022-2023 is July 31, 2022. The government has categorically refused to extend its last date. Meanwhile, many users on Twitter are demanding […]
Attention Taxpayers! File income tax return within 5 days, wait for last day will be heavy
ITR Filing: The due date for filing Income Tax Return (ITR) for the financial year 2021-22 or assessment year 2022-23 is 31 July 2022.If ingroup individuals do not file their income tax return by the due date, then after that from August 1, 2022, late fee will have to be paid for filing IT return. […]
ITR Notice: What should taxpayers do if notice is received even after filing Income Tax Return?
ITR Notice: What should taxpayers do if notice is received even after filing Income Tax Return? ITR Filing: If you have not yet filed tax this year, then get active. The last date for filing income tax return for the financial year 2021-22 (tax assessment year 2022-23) is near. You only have 9 days left. Those who do […]
Big update for taxpayers, if this information is not match then notice may come!
Income Tax Return: Annual Information Statement provides information about financial transactions for a year. It is necessary for a taxpayer to get all the information of the Annual Information Statement and Income Tax Return together. If you are also a Tax Payer then there is a big update for you. In the year 2021, the […]
New ITR Rules: ITR rules income Tax return forms for FY-2021-22 Taxpayers have to give these information
New ITR Rules: ITR forms for the financial year 2021-22 have been issued by the Income Tax Department. This time before filing ITR, make sure to get information about the changes made by the department. If you file Income Tax Return (ITR) every year, then this news is of your use. This time, before filing ITR, […]
