With the beginning of ITR filing season, CBDT has eased norms for taxpayers with long term capital gains tax (to file ITR).

Salaried taxpayers and small investors can now file simpler Sahaj and Sugam forms if LTCG from listed securities is up to Rs ...

In Financial Year (FY) 2024–25, a change in the applicable TDS rate on rent under Section 194-IB has created confusion among many tenants and property ...

At the time of filing income tax return, taxpayers are supposed to be aware of different provisons which apply to the new tax ...

The Income Tax Department has introduced new ITR-1 and ITR-4 forms for FY 2024-25, simplifying tax filing for individuals ...

Let’s explore the key amendments that taxpayers should be aware of before finalizing and filing their income tax return: 1. Type of Taxpayers: Individual who is Resident (other than Not Ordinarily ...

ITR-1, or Sahaj, is for resident individuals who have an overall income of not more than Rs 50 lakh a year and the income is ...

Filing Income Tax Returns (ITR) can seem tricky for salaried individuals, but Form 16 makes the process much easier. Issued ...

The Central Board of Direct Taxes (CBDT) has notified some income tax return forms. The notification has been issued for ...

The CBDT has released ITR forms 1 and 4 for the financial year 2024-25, applicable for income earned from April 1, 2024, to ...

Says commodity trade may offset tariff disparities; opposes further increase in taxes on salaried, business classes.

The government has also made certain changes in the form for deductions claimed under 80C, 80GG and other sections and has ...