Tag: ITR filing

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Income Tax Rules FY 2024-25: Income Tax Rules FY 2024-25: New vs old tax regime – 6 rules salaried individuals should know | Business

Income tax rules for FY 2024-25: As the monetary yr 2024-25 has begun on April 1, it is very important pay attention to...

What happens if you miss deadline?

If you miss the December 31 deadline for belated ITRs, you can file up to date ITRs. The Finance Act of 2022 launched...

‘Indian taxpayers prefer old income tax regime over new tax regime’; here’s why

Old versus new income tax regime: More than 63% of Indian taxpayers nonetheless observe the old income tax regime, whereas 37% have switched...

IT Returns: ITR filing by individuals grows 90 per cent to 6.37 crore in AY 2021-22

NEW DELHI: The earnings taxdepartment on Thursday mentioned I-T returns filed by particular person taxpayers have risen 90 per cent in 8 years...

Here’s how much penalty taxpayers will have to pay if failed to file income tax returns by today

A penalty and different repercussions could also be incurred for failing to file the tax return throughout the allotted timeframe.ITR submitting 2022-23: The...

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