New Delhi: Artificial intelligence (AI) is steadily emerging as a vital co-pilot in the fight against cancer, offering new possibilities in diagnosis, treatment planning, and clinical efficiency. In an exclusive interaction with journalist Rashmi Mabiyan Kaur, Dr. Nikhil S Ghadyalpatil, Director of Medical Oncology at Apollo Cancer Centre, Hyderabad, shared how AI is being seamlessly … Read more
From April 1, 2025, the new income tax return filing season will start for AY2025 -26. For salaried taxpayers, their employer will provide a Form 16 containing all income tax details for the fiscal year 2024-25 (or assessment year 2025-26). Form 16 is a crucial document for salaried employees in India, particularly as the income … Read more
In its pre-Budget memorandum submitted to the Finance Ministry, ASSOCHAM has proposed the rationalisation of TDS rates by suggesting a uniform rate of either 1% or 2% for all payments made to resident assessees. This proposal aims to reduce disputes caused by differing interpretations and enhance tax compliance. The memorandum also called for the decriminalisation … Read more
Defective ITR: If your income tax return is found defective, the Income Tax Department will notify you of the defect through a notice issued under section 139(9) of the Income Tax Act. This notice will be sent to your registered email address or by post. You can access and view the notice by logging into the … Read more
Are you dreading tax season? There’s a faster, more convenient way to settle your dues: your credit card! While you typically use credit for bills and earn reward points, you should know that it can also be used to pay taxes. This guide will help you understand how to pay your income tax online using … Read more
ITR filing: The Income Tax Department has brought in some updates in the Annual Information Statement (AIS). As per the updated details, now AIS have to report the financial transactions in a given financial year. Banks have been asked to separately report total foreign exchange (forex) spends, including all transactions made using credit, debit, or … Read more
ITR filing 2024: The deadline for individuals to submit their Income Tax Returns (ITR) is July 31, 2024, which is just a little over a month. It is essential to compile and organise pertinent documents such as salary or income records, bank statements, and previous tax returns in preparation for filing. When filing taxes, it … Read more
New Delhi: A small farmer from a remote village walks into the nearest town’s health clinic. He breathes into a tube connected to a Vionix analyser. This device compares the farmer’s breath with hundreds of millions of other samples from around the world. An AI model, running on the cloud, identifies patterns of disease manifestations … Read more
The income tax return forms, ITR-1, ITR-2 and ITR-4, for FY 2023-24 (AY 2024-25) are now available for e-filing on the Income Tax department portal. The online ITR forms were made available from April 1, 2024. Taxpayers eligible to file their tax returns can now login and fill their ITRs for FY 2023-24 using these … Read more
By Atul Rai The revolutionary impact of Artificial Intelligence (AI) has significantly altered the landscape of every sector, disrupting age-old practices. The exponential reduction in human labour, combined with extraordinary improvements in accuracy, has ushered in a new paradigm in organisational processes. AI is on the brink of revolutionising healthcare, offering the potential to enhance … Read more