The new financial year brings revised tax slabs, deductions, and TDS limits. Taxpayers must stay updated to ensure compliance ...

Starting April 1, 2025, new tax slabs reduce the burden on incomes up to Rs 12 lakh, with 30% on earnings above Rs 24 lakh.

The Income Tax Department has recently released an upgraded version of the Excel-based utility for filing ITR-2. It is ...

The government has amended the income tax slabs under the new tax regime for FY 2025-26. According to the new structure, ...

It is always advisable for taxpayers to file their ITRs at the earliest to avoid last-minute rushes, which may lead to errors ...

ITAT Surat held that interest paid in respect of business profit attributable to section 80P (2) of the Income Tax Act is allowable. Accordingly, AO directed to consider direct nexus of interest paid ...

Finance Minister Nirmala Sitharaman provided this relief against income tax searches and requisition cases; Know more ...

While filing income tax returns, we need many documents. Many times it happens that while filing the return, we come to know ...

The Finance Minister said in the Lok Sabha that SMS and e-mails were sent to around 19,501 taxpayers, asking them to review ...

Direct overseas investment via LRS has become a more cost-effective method for accessing global markets than domestic mutual ...