The necessary back end software related changes in the online ITR form will be made shortly to give effect to this (87A rebate claim). Under section 87A of the Income Tax Act, 1961, eligible taxpayers ...

Income tax rule: Effective for the current financial year (2024-25), these revisions will influence the deductions and exemptions taxpayers can claim when filing their income tax returns(ITR) in ...

The original deadline to file an Income Tax Return (ITR) for non-audit cases was July 2024. However, for those who missed the deadline, the Income Tax Department has extended the window for filing ...

The Income Tax Department has introduced a new feature on its e-filing portal that allows taxpayers to submit rectification requests online, even if their Income Tax Returns (ITRs) are currently ...

Tax calculations: The Union Budget 2024 has introduced a new set of tax slabs for the new tax regime to provide more tax relief compared to the previous tax system. Individuals may wonder how to ...

To claim the exemption in 2024-25 for which you will file the income tax return (ITR) before July 31, investment must be made in the financial year which will end on March 31, 2025. 2. Tax saving ...

Listen to Story CBDT extends ITR filing deadline to January 15, 2025 Extension applies to belated, revised returns for AY 2024-25 Revised returns allow correction of errors in initial filings The ...

Britain's debts continue to grow as the government keeps on spending more than it earns. So should the UK's 35% tax take rise closer to the 46% level in economically ...

SSS MONTHLY CONTRIBUTION 2025 – For employer members of the Social Security System, here is a guide on the contribution rate for next year. One of the giants in terms of social insurance in the ...

The 2024-25 Premier League table promises to be tight from top to bottom as some almighty scraps will take place over the next nine months. [ MORE: Premier League 2024-25 schedule, how to watch live] ...

It is that time of the year again when the tax payers start preparing to file their income tax (I-T) returns. However, there are some do’s and don’ts of filing returns which you must keep in mind.