News

Income tax department notifies ITR-U: Extended window for filing updated return, penalties- all you need to know
The Income Tax Department has officially notified the updated return form, called ITR-U, allowing taxpayers with an extended ...
ITR filing 2025: Preparing to file income tax returns? Keep these crucial documents handy
Your ITR filing exercise can commence after accessing Form-16 and updated AIS, but ensure that you start the preparations by ...
How ‘No Tax on Tips’ Will Affect Waiters, Drivers and Diners
The budget bill approved by the House promises to benefit many food workers, but some details are still unclear.
Institute on Taxation and Economic Policy1d
House Tax Bill Would Create a Parallel, Harsher Tax Code for Immigrant Filers and their Citizen Family Members
Immigrant tax filers face a harsher tax code than citizens in some important respects. Sweeping tax legislation recently ...
Updated LTCG and STCG capital gains tax table by income tax department: Check the tax rates for equities, foreign currency bonds and more
Updated table of LTCG and STCG capital gains tax rate for equities including income from foreign currency bonds released by ...
The Financial Express1d
Buying property over Rs 30 lakh in Karnataka? Income Tax Department will be informed at registration
The Stamp and Registration Department of Karnataka has instructed all sub-registrars to fill and submit a special form called ...
Newspoint on MSN3d
Income Tax Notice: Income Tax Department sends 6 types of notices, taxpayers should know the meaning of each notice..
After filing the ITR, i.e., Income Tax Return, if any mistake is found, then the Income Tax Department issues a notice. The ...