Two influential conservative groups are urging Iowa lawmakers to cut state and local taxes. Iowans for Tax Relief president ...

"This extension is to ensure that all taxpayers are eligible for the rebate under Section 87A.", the court said.

As we are about to usher in 2025, it’s crucial for taxpayers, businesses, and financial enthusiasts to stay on top of ...

The new tax regime (NTR) lets you compute your income tax at a lower rate slab, but it renders you ineligible to claim most ...

Most of the income tax changes announced in July 2024 will affect tax deductions and exemptions that can be claimed while filing an income tax return (ITR) in July 2025. ET Wealth Online has listed 15 ...

Salaried individuals are also required to pay advance tax if their estimated liability after accounting for TDS (Tax Deducted ...

Non-compliance can lead to penalties of up to ₹10 lakh if foreign assets exceed ₹20 lakh (excluding immovable property).

Advance tax is a system where taxpayers pay their income tax liability in installments throughout the financial year, instead ...

Advance tax is also called as 'pay as you earn' tax which provisions to deposit advance tax in installments rather than at ...

ITR’s most interesting stories of the year covered ‘landmark’ legal battles, pillar two, AI’s relationship with transfer ...

If you missed the deadline, you can still file a belated ITR, but under Section 234F of the Income Tax Act, a late fee of Rs ...