Income Tax Latest News

Cryptocurrency investors in India are gearing up for the intricacies of tax filing as the deadline for Income Tax Return...

Here's a detailed breakdown of key deductions and allowances available under the new tax regime: Standard Deduction: Salaried individuals can...

The Income Tax Department has been diligently addressing the challenge of outstanding dues, with a significant increase in collection observed...

Choosing the Correct ITR Form: Ensure you select the appropriate ITR form to avoid filing a defective return. For salaried...

Navigating the complexities of tax filing can be daunting, but with the advent of automated processes and easily accessible information,...

New Functionality for Improved Income Tax Return Filing Compliance The Income Tax Department has recently launched a new feature aimed...

ITR Filing AY 2024-25: Changes in ITR-1 and Filing Details The Income Tax Department has introduced several updates for the...

ITR Filing FY2024: Tax Benefits for Senior Citizens on Medical Insurance The Income Tax Department extends various tax benefits related...

Here's a breakdown of the major changes made in the ITR-1 Form for the Assessment Year 2024-25: Default Tax Regime:...

The National Pension System (NPS) offers various tax benefits associated with contributions and withdrawals. Here's a detailed breakdown: Tax Benefits...