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Neither income tax refund nor any interest is given if you have filed the ITR with this amount of tax refund
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Made a mistake in your filed income tax return? Check the revised ITR filing last date, what are the charges The revised return will replace the original ITR and will be considered as if it was filed on the original filing date
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Paying income tax is not enough, you must file the ITR by July 31, 2024 to avoid jail in certain cases
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Who should switch from old to new tax regime after Budget 2024? Here's the math The new income tax slabs will come into effect retrospectively from April 1, 2024. Now, there may be some individuals who are still paying their taxes under the old tax regime. Does it make sense for them to switch to new tax regime now?
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Hike in employer's contribution to NPS is good news for salaried but this tax deduction is still missing This is a good news for the salaried individuals. However, one important NPS deduction for salaried individual is still missing under the new tax regime
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Budget 2024: No GST demand notice to be issued beyond 42 months from the due date of filing annual return; Know how it will help you
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New LTCG rule on property to hit homeowners hard: Below 9% annual property price growth, common in many cities, could mean higher loss now The Ministry claimed the majority of homeowners would benefit, but an analysis showed that those with slow or stagnant property growth will end up paying higher taxes now. Most major cities experienced below 9% property price growth over the past five years, burdening these homeowners further
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New capital gains taxation regime: Income tax department releases 13 important FAQs on latest STCG, LTCG rules Below are key inquiries provided by the tax department concerning the recent capital gains tax adjustments introduced in the 2024 Budget
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Big GST relief in budget 2024: No need to pay interest and penalty for these GST notices
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New income tax slabs can save you this much tax if your income is Rs 7.75 lakh or 15 lakh, 25 lakh or 30 lakh, 50 lakh or 1 crore and above Many salaried and taxpayers are confused how much tax they will save due to new income tax slabs. Here is comparison of tax savings under old tax regime, existing new tax regime and proposed tax regime