Tax regulations permit switching between regimes during ITR filing, selecting the more advantageous option. For the financial ...

Section 80C is one of the most widely utilised provisions under the old tax regime, enabling individual taxpayers and Hindu ...

Any violation of the above limit attracts heavy penalty. “The penal consequences of violating the mandate above is imposition ...

This extended deadline has allowed taxpayers to file their Income Tax Returns through the first two weeks of 2025 as well.

The Bima Bharosa portal acts as a central hub for insurance grievance data across the industry. It not only serves as a comprehensive database, but also as a monitoring tool for grievance resolution.

Taxpayers must note that the deadline for filing a belated income tax return or submitting a revised return for the ...

Pakistan’s young wicketkeeper-batter Haseebullah Khan has been sidelined from the upcoming Test series against the West ...

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

Today, we're taking a generational view and discussing how millennials and Gen Zers are shaping the future of the U.S.

ITAT Surat held that addition under section 68 of the Income Tax Act deleted since appellant has satisfactorily explained the nature and source of the credit. Accordingly, appeal allowed and addition ...

At present, small tax-payers with special rate income such as short-term capital gains are unable to claim the rebate under section 87A, even if their income is below the basic exemption limit, as the ...

Budget 2025 aims to simplify tax filing, reduce disputes, and foster a transparent, taxpayer-friendly system. The upcoming Union Budget 2025-26 is poised to introduce significant changes to India's ...