Another big drawback of filing after the deadline is that you lose the right to carry forward losses. For example, if you had ...

With the ITR filing deadline approaching, tax professional bodies and BJP MPs are urging the Finance Ministry to extend due dates. They cite delayed form releases, technical glitches, natural ...

Small businessmen are going to get a big relief now because the government has taken a big step to simplify the GST process.

ITR Filing Deadline Approaches As the deadline for submitting Income Tax Returns (ITR) for the fiscal year 2024-25 draws near, taxpayers and stakeholders are eagerly awaiting news from the Finance ...

Bengaluru: The Karnataka high court has ordered the commercial taxes department to refund Rs 16.1 crore to Flipkart India.

Underreporting occurs when a taxpayer discloses less than their actual earnings, leaving taxable income out of the return.

Tax codes are crucial in determining how much tax you pay on your income, and they are not as confusing as you might think ...

Pay slip tax codes might seem like just a random string of letters and numbers, but they are actually crucial in determining ...

The Ohio Department of Taxation is warning residents about a new text message scam claiming to be from the state. The messages say your tax refund has been approved and ask you to provide payment ...

Payslip taxcodes may appear to be merely a jumbled collection of letters and digits, but they play a vital role in ...

The Income Tax Department mandates bank pre-validation, and any mismatch in the account name and PAN can stall the process.