VIEW |New Income Tax Bill: A deep dive into the reforms
The much-awaited Income-tax Bill, 2025 (Bill) which is proposed to be effective from April 1, 2026, has been laid before the ...
Tax Guru6d
Income Tax Return Filings in India: Trends and Government Measures
The number of income tax return (ITR) filings in India has increased over the past five years, with state-wise and year-wise data highlighting the trend. A significant portion of these filings result ...
Newspoint on MSN7d
Check Your TDS Status from Home Using Your PAN Card – A Step-by-Step Guide
Keeping track of your Tax Deducted at Source (TDS) has never been easier. If you want to check your TDS status online, this ...
Tax Guru11d
Matter remanded for unexplained Cash Deposit ₹49.50 Lakh for verification
Conclusion: Addition against unexplained cash deposit of ₹49.50 lakh was remanded back to AO for verification if the deposits were from business activities, the addition under Section 69A could not ...
March 31, 2025, is deadline to claim pending TDS credit for these past years: Ask bank, deductor to revise TDS return
Did you ever face the situation where the bank or employer or others deducted the correct amount of TDS but somehow it failed ...
cnbctv1813d
Received an SMS on TDS from Income Tax dept? Here’s what you need to know
T Department's SMS to salaried taxpayers is meant to provide clarity on TDS deductions. However, some individuals may have misinterpreted the message and are wondering if they owe additional taxes.
Business Standard15d
Income Tax Filing
Simplification of direct and indirect tax policies will be the main focus area for the government in the New Year after beginning the review of the six-decade-old income tax law and rationalisation of ...
The Indian Express16d
With zero tax upto Rs 12 lakh, you will take home the same as someone with income of Rs 12.71 lakh. Here’s why
The announcement of Nil tax for those with taxable income of up to Rs 12 lakh has brought cheer to all who fall in that category. However, many who are marginally above that ceiling will end up taking ...
Indiatimes17d
Will 'Lakshmi' bless taxpayers? High expectations of income tax relief for poor, middle class in Budget 2025 today
the government may merge the old and new tax regimes and bring down the income tax rates. The current two regimes make it difficult for the taxpayer to ascertain a better tax regime for them. Salaried ...
CNET17d
Haven't Received Your W-2 Tax Form Yet? Here's What to Do
W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's why you need that form for the 2025 tax season and what to do if you haven't gotten yours yet. Macy Meyer is a North ...
Business Today18d
Income Tax Calculator FY 2025-26
BT brings to you an easy-to-use tool that helps in calculating the tax payable on your income for FY 2025-26. It also lets you compare your tax liability under new tax regime and old tax regime.
Vanguard18d
10 Essential Documents for Filing Returns Without Form 16
As per the Income Tax Act, 1961, it is mandatory to file an Income Tax Return (ITR) if your taxable income is more than the ...