ITR 2024-25: Are the latest Budget 2025 tax slabs applicable for tax filing in AY 2025-06? Details here

Income tax returns: In the Budget 2025, middle-class taxpayers have received some relief. Under the new tax regime announced by Finance Minister Nirmala Sitharaman, individuals earning up to Rs 12 lakh…

Continue ReadingITR 2024-25: Are the latest Budget 2025 tax slabs applicable for tax filing in AY 2025-06? Details here

Budget 2025: Higher deductions, lower tax outgo – taxpayers, experts expect revised tax slabs, tax relief

Budget expectations: Finance Minister Nirmala Sitharaman is set to unveil the Union Budget on February 1, 2025, a highly anticipated event for taxpayers nationwide. The segment on income tax is…

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Union Budget 2024: What tax relief, tax deductions can FM Sitharaman offer women in full Budget

Budget 2024-25: In the upcoming Union Budget 2024-25 many sectors and segments are expecting subsidies, tax relief, and other subsidies. One such segment is women. Finance Minister Nirmala Sitharaman, along…

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ITR filing: Which ITR form should senior citizens, super senior citizens choose to file their tax return

ITR filing 2024: As the deadline for income tax filing approaches, it is crucial for taxpayers categorised as senior and super senior citizens to understand the specific provisions tailored for them.…

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ITR Filing 2024 Deadline: How much will you pay as penalty if you miss filing income tax return on July 31?

An income tax return is a summarised document that contains information about a taxpayer’s earnings over the course of a fiscal year. If an individual misses filing income tax return…

Continue ReadingITR Filing 2024 Deadline: How much will you pay as penalty if you miss filing income tax return on July 31?

Interim Budget 2024: Will FM Sitharaman tweak income tax slabs yet again? Here's what experts expect

Finance Minister Nirmala Sitharaman is scheduled to present the Interim Budget 2024-25 on February 1, 2024, instead of the full Budget like other years.  Last Budget, the Centre brought in…

Continue ReadingInterim Budget 2024: Will FM Sitharaman tweak income tax slabs yet again? Here's what experts expect