When Home Loan interest over Rs 2 lakh can be claimed as Income Tax deduction Section 24B tax deduction on home loan interest over Rs 2 lakh: Up to Rs 2 lakh paid as home… Updated: June 2, 2023 10:13 IST
Income Tax SFT return filing due date extension: Facility to remain open for a couple of days – Latest news Income Tax SFT return filing 2023: The Income Tax Department has given a couple of more days time for filing… Updated: June 1, 2023 10:45 IST
TCS on card spends: Banks brace for higher compliance costs Banks will be obligated to pay TCS on behalf of clients even before claiming the sum from them. June 1, 2023 06:15 IST
Income Tax Return filing status: 14 lakh ITRs for AY 2023-24 filed – Latest updates and data Income Tax Return (ITR) filing for Assessment Year 2023-24: As many as 14,65,641 ITRs were filed till May 28 for… Updated: May 31, 2023 13:03 IST
Income Tax Return Filing: How to switch to a favourable tax regime With the coming of the new tax regime, individuals have to not only declare the investment but also have to… May 29, 2023 16:38 IST
Can a non-salaried person claim tax deduction against rent paid while filing ITR? Experts say that small tax relief against rent paid is available to non-salaried as well as salaried employees who are… Updated: May 30, 2023 10:44 IST
Tax collection in India one of the highest, reduce direct tax to 25 pc from 40 pc: Surjit Bhalla Bhalla said reduction in tax rate is required to accelerate the pace of economic growth. May 28, 2023 17:57 IST
I-T dept invites comments on draft rules for valuing startup investment by non-residents The CBDT was expected to come out with valuation guidelines for valuing non-resident investment in unrecognised startups for the purpose… May 26, 2023 23:02 IST
New Tax Regime: Exemption limit rises, here’s how it will work for private sector employees Leave Encashment Exemption under Old and New Tax Regimes: The Finance Ministry has notified a new rule for non-government employees… Updated: May 26, 2023 12:23 IST
I-T returns: Norms notified for compulsory scrutiny Cases of specific tax evasion, no return to notices some of the parameters May 26, 2023 02:15 IST
New tax benefit for non-government salaried employees: CBDT notifies Rs 25 lakh Leave Encashment limit Leave Salary Encashment Limit Hike: The CBDT has notified the increase of the leave salary encashment limit for non-Government employees… Updated: May 25, 2023 19:00 IST
Government takes revenge for ‘Revenge Travelling’ – Here’s how Effective from July 1 2023, a 20% TCS will apply to every foreign remittance under LRS except for medical and… May 23, 2023 14:17 IST
Rental income up to Rs 10 lakh can be tax-free under New Tax Regime; here’s how How much rent can you receive without paying any taxes in India? Know how and when rental income up to… Updated: May 29, 2023 13:15 IST
PAN Card required for deposits over Rs 50,000 in Rs 2000 notes, says RBI Rs 2000 deposit in bank: For deposits of Rs 50,000 or more in Rs 2000 currency notes, you will have… Updated: May 22, 2023 13:52 IST
Donating to political parties for tax saving? Know these rules to avoid trouble Political donation under Section 80GGB/80GGC: There is a thin line of difference between tax saving and tax evasion; and this… Updated: May 22, 2023 09:44 IST
Income Tax Return (ITR) e-filing for AY 2023-24: ITR-1, ITR-4 enabled filing in online mode Income Tax Return (ITR) filing online for Assessment Year 2023-24: Taxpayers can now file returns for AY 2023-24 through Income… Updated: May 23, 2023 15:37 IST
Modi Govt says no 20% TCS on Credit Card payments up to Rs 7 lakh under LRS No 20% TCS on RS 7 lakh: On International Credit Card and Debit Card transactions under LRS, exemption limit will… Updated: May 20, 2023 09:29 IST
How are stock market gains taxed in India? Investing in the stock market can be a great way to grow your wealth, but it’s important to understand how… May 19, 2023 16:20 IST
BJP-led Mahayuti wins 68 seats before voting in Maharashtra civic body polls, EC begins probe amid Opposition outcry
Elon Musk’s own AI Grok calls him X’s ‘top misinformation spreader’ – Netizens say ‘factually accurate’
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