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The Income Tax department has issued an important message for taxpayers regarding income tax returns...
The deadline for filing the Income Tax Returns ITR filing expires today for taxpayers. If you have...
A Flipkart employee shared his frustration of paying taxes on both earnings and spending which turne...
Revenue Secretary Sanjay Malhotra has asked income taxpayers to file their ITR at the earliest as the government is not contemplating an extension of the July 31 deadline. Sanjay Malhotra further said, “We would like to thank income tax return filers as ITR filing has been at a much faster pace than last year and we would […]
Union Finance Minister Nirmala Sitharaman lists out steps taken by Modi Govt for middle-class and shared tax benefits including income tax exemption for those earning up to Rs 7.27 lakh per annum. Nirmala Sitharaman said in a tweet said, “Under the new regime, there is no income tax to be paid for annual income up to Rs […]
Tax exemption limit on leave encashment increased to Rs 25 lakh for non-government salaried employees. The tax exemption on leave encashment of non-government salaried employees (in respect of the period of earned leave at his credit at the time of his retirement, whether on superannuation or otherwise) was earlier up to a limit of Rs.3 […]
According to the media reports, Honorable Union Finance Minister, Mrs. Nirmala Sitharaman presented the Union Budget 2023- 2024 on Wednesday as per the announcement calculations for the income tax will change. The Budget 2023: Comparison Between Old Vs New Slab Old Tax Slab According to the New Tax Slab In a comparison of the two […]
