It is important to note that eligible taxpayers who were previously unable to claim the Section 87A tax rebate can now do so ...

The Income Tax Department has released revised Excel utilities for ITR Forms 2 and 3. Additionally, the department has ...

Submitting tax-saving proofs on time not only reduces TDS but also streamlines your tax compliance. While the new tax regime ...

Taxpayers remain unable to claim the Section 87A rebate on STCG income due to outdated ITR processing logic, even after ...

Eligible taxpayers who have income up to Rs 5 lakh/7 lakh can claim tax rebate under section 87A up to Rs 12,500/25,000. The ...

The income tax rules have changed in recent years. Due to this, not all salaried employees now have to submit investment and ...

As Budget 2025 nears, more changes to the New Tax Regime are expected to simplify taxes and benefit salaried employees and pensioners.

Overall tax revenues grew by over 10% in 2024 when not considering the “distorted” Apple payout, the Irish government said ...

Conclusion: The matter was remanded back to AO to review the non-taxability of interest from Fixed Deposit Receipts (FDRs) as ...

ITAT Ahmedabad held that interest income earned from business activity is classifiable as business income and accordingly, relevant expenses allowed as deduction. Hence, appeal of the assessee allowed ...

As the country keenly awaits February 1st, the most treaded class in the economy, the middle class is waiting for the ...

Long-term capital gains tax on jewellery can be exempted if the sale proceeds are reinvested in a residential house within a ...