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Budget 2025: Settlement scheme like Vivad Se Vishwas needed to clear high backlog of legal tax disputes, say experts

Income tax return filing deadline of July 31 needs to be extended: Will Budget 2025 provide this tax relief to salaried, other taxpayers? In addition to individual taxpayers' expectations for tax breaks, there has been a long-standing ask for sufficient time after the financial year-end to complete income tax return filings

NRIs' expectations from Budget 2025: 9 changes that NRIs want in income tax rules However, e-verification of ITR form to successfully complete the filing process continues to pose certain challenges. Read our story to know more about the expectations among NRIs of changes in government policies

Income tax appeal resolution typical time 15-20 years: Steps to cut appeal pendency urged in Budget 2025 However, India's tax litigation numbers, pendency, and resolution time are significantly high

Is Rexas Finance poised to reach new heights like Cardano? Analysts foresee it potentially matching Cardano's market value, bolstered by its accessible design, community-driven approach, and secure infrastructure

Used donation to a political party for income tax deduction? IT dept is sending warning SMS; if it was a mistake file ITR-U by March 31, 2025

Income tax relief on Capital Gains Deposit Scheme: Can Budget 2025 offer clarity to taxpayers to easily claim exemption on LTCG of house sale? No exemptions are available if the capital gains are short-term in nature

Will Budget 2025 give any income tax relief under old tax regime? The objective of the new regime was to reduce administrative hassles for employers and employees on the collation and verification of claims made related to deductions and exemptions, and to simplify the income tax return filing process

Will Budget 2025 announce extension of Mahila Samman Scheme which offers 7.5% interest rate and ends on March 31, 2025? The scheme, aimed at promoting women's financial inclusion, is available until March 2025, with experts divided on its potential extension