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Meet Shalu Saini — the woman India now calls the ‘Heir of Unclaimed Bodies’. On May 26, 2025, she immersed the ashes of 500 unclaimed souls at Haridwar’s sacred Sati Ghat. Since the dark days of the ...
ITR Filing for AY26: When will it start? The Central Board of Direct Taxes (CBDT) typically releases the relevant ITR forms in the first few months of the financial year. For AY 2025–26 (FY 2024–25), ...
It is mandatory to choose between the old and new tax regime while filing the online form --- with specific exemptions and deductions available for individuals. The new financial year has started ...
The important question in the minds of taxpayers is: do they still have to file their income tax returns if their income is below Rs 12 lakh? ITR filing: The zero-tax income threshold has been ...
ITR filing: Taxpayers who missed the deadline to file their belated or revised Income Tax Return (ITR) for the financial year 2024-25 in July 2024 were given a second opportunity to do so on ...
Legal notices: The Tax Department collects income statements from various sources. Failure to file ITR may trigger reports based on undeclared income. Carry forward losses: Filing before the ...
The government did not extend the income tax return filing deadline for the financial year 2023-24 (assessment year 2024-25). The last date to file ITR for individual taxpayers who are not ...
The last date for filing income tax return (ITR) is today, July 31, 2024, for all individuals not requiring an audit. Taxpayers who haven't still filed their returns should do so by the end of the ...
Income Tax Return Filing FY 2023-24: The important thing to note is that late or belated filing of ITR means a penalty applies even if the belated ITR shows zero tax payable. Additionally ...
ITR filing deadline: Interest will be charged at the rate of 1% per month or part of the month on the outstanding tax amount from the due date. The Income Tax returns (ITR) filing deadline is on ...
ITR filing deadline - July 31 - is now almost here. Despite multiple reminders from the income tax department and tax consultants, many tax-payers make the mistake of leaving the unavoidable task ...