Taxation

ITR filing by Self for AY 2024-25: 6 steps to help you file Income Tax Return

These steps will help you to file your income tax return this tax season in 2024. Know the step-by-step guide to make your process easy

Taxation

House Rent Allowance (HRA) claim mismatch: Is Income Tax Dept going after ITR filers?

HRA claim mismatch issue: Income Tax department has noticed instances of mismatch of information filed by taxpayers

Taxation

ITR Filing for AY 2024-25 starts, says Income Tax Dept. Can Salaried Employees File?

ITR Filing AY 2024-25 Start Date News: For the first time in recent times, CBDT has enabled taxpayers to file their Income Tax Returns (ITRs). But salaried employees will have to wait!

Taxation

No change in New Tax Regime for FY 2024-25 from Today. Beware of Misleading News! Check Facts

You might have come across a number of news websites or social media posts writing about change in New Tax Regime. Check facts here

Latest News

5 Personal Finance Tasks To Do Before March 31st

The FY end is approaching soon and multiple tasks you must complete. Here are 5 personal finance tasks to do before March 31st.

Taxation

Income Tax Return Last Date 2024: ITR Filing Due Date – All details

Income Tax Return Last Date, Due Date 2024: File your ITR on time to avoid penalties, claim deductions, and simplify financial transactions

Taxation

House Rent Allowance calculation with examples for salaried, self-employed for AY 2024-25

HRA calculation for AY 2024-25 (FY 2023-24): House Rent Allowance is a significant component of a salaried employee's income.

Taxation

Difference between Exemption, Deduction and Rebate in Income Tax

Understanding income tax complexities like deductions, exemptions, rebates and TDS is crucial for determining taxable income.

Taxation

Why do you pay Income Tax and who needs expert ITR advice?

Income Tax: Over 4.8% of India’s total population and 6.3% of the adult population pays taxes.

The 1% News