Although many taxpayers anticipated the possibility of capital gains tax rationalisation in Budget 2024, not many were expecting the tax rates to be raised, said
Category: Finance
ITR filing: Still want to switch to old income tax regime? Here is what you can do
In Budget 2024, the central government has sweetened the new tax regime with more slab relaxations and an increase in the standard deduction from ₹50,000
Budget 2024: How will capital gains tax tweaks impact taxpayers? Beneficial, says I-T department. Here’s the math
In the Union Budget 2024, presented by Finance Minister Nirmala Sitharaman on July 23, the tax rates for long-term capital gains (LTCG) and short-term capital
Income Tax Budget 2024: Where do India’s tax rates stand vis-à-vis developed nations like US, UK & Australia? Check here
The Government of India levies income tax at slab rates ranging between 0 and 30 per cent with a surcharge (up to 25 per cent)
Budget 2024: FM Sitharaman says taxpayers can save up to ₹17,500 under new tax regime. Here’s how
In Budget 2024, Union Finance and Corporate Affairs Minister Nirmala Sitharaman revised income tax slabs under the New Tax Regime, offering considerable savings in the
Budget 2024: Five new changes to income tax that FM Nirmala Sitharaman may bring
Income tax Budget 2024: Finance Minister Nirmala Sitharaman will present her seventh Budget 2024 today, July 23rd. Expectations include a potential hike in standard deduction,
ITR filing 2024: Govt cautions against ‘fake news’ claiming extension of 31 July deadline
The Income Tax Department on Monday cautioned against a news clipping of Sandesh news being circulated on social media claiming ‘extension in deadline’ for the
Tax impact of crowdfunding for cancer treatment: Key insights
My relative was diagnosed with a rare form of cancer requiring treatment of several lakhs. To support him, a few extended family members plan to
ITR Filing 2024: How to file income tax returns via WhatsApp. A step-by-step guide
Income Tax Return (ITR) filing on WhatsApp: Now income tax returns can be filed via WhatsApp. ClearTax has started this facility. Archit Gupta, founder and
Taxnet 2.0: How will taxpayers’ experience improve with new digital infra technology?
With Central Board of Direct Taxes (CBDT) awarding Taxnet 2.0 project to Bharti-Airtel, tax department’s network system is likely to undergo a facelift. For the