Former Harry Potter star Rupert Grint who plays the character of Ronald Bilius Weasley has been ordered to pay 1.8 million pounds (Rs 18.34 Crore) in taxes after losing a…
The last date to file income tax audit reports has been extended to October 7. The government decision came after several taxpayers faced technical difficulties in electronic tax filings. The…
The Income Tax Department typically takes 15 to 45 days to process ITRs.If you filed your Income Tax Return (ITR) before the July 31, 2024, deadline and are still waiting…
The deadline for filing income tax returns for the fiscal year 2023-24 ended on July 31. Despite repeated appeals from taxpayers, the Income Tax Department decided not to grant an…
Congress chief ministers will also boycott the NITI Aayog meeting scheduled for July 27.New Delhi: INDIA bloc parties will stage protests in and outside Parliament today against what they describe…
The Finance Minister - Nirmala Sitharaman, presented the 74th Annual Budget today. The budget is focused more on personal taxation with adjustments made to income tax, standard deduction, and taxes…
New Delhi: Finance Minister Nirmala Sitharaman will present the Budget in parliament from 11 am today, and the most anticipation is around whether the government will provide tax relief to…
The earnings from other sources, apart from salary, are not covered in Form 16 (Representational)New Delhi: Attention taxpayers! The last date to file Income Tax Return (ITR) for individuals, who…
Income Tax in India operates under a structured system of tax slabs. Your incomes are divided into specific ranges, each with corresponding tax rates. This approach ensures that those with…