Categories

The 1% News

Subscribe
New Tax Regime

New Tax Regime vs Old Regime in 2024: Here’s How to Know Which is Better For You Now

Confused about the new tax regime? See how these updates could impact your taxes and whether switching is worth it.
Short-Term Capital Gains

Income Tax Rebate U/S 87A Denied for Short-Term Capital Gains In New Tax Regime: Report

Taxpayers face denied Section 87A rebates on short-term capital gains after recent ITR utility update, conflicting with Income Tax Act.
ITR

Extend Due Date for ITR Filing, Taxpayers Demand After Facing Issues with e-Filing Portal 

Facing technical issues with the e-filing portal, taxpayers demand an extension of the ITR filing deadline for AY 2024-25.
ITR

ITR Filing 2024: Avoid Penalties by Filing Your Income Tax Return Before the Deadline!

File your Income Tax Return (ITR) before July 31, 2024 to avoid penalties and enjoy timely tax benefits by filing early.
Section 80E

ITR Filing 2024: How Section 80E Can Help You Save Taxes on Education Loan?

Save on taxes with Section 80E by claiming deductions on education loan interest for the Financial Year 2023-24.
Form 16

How to File Income Tax Return for AY 2024-25 Without Form 16: Step-by-step Guide

Learn how to file your income tax return without Form 16 for AY 2024-25. Follow this step-by-step guide to ensure compliance.
income tax

How to Pay Income Tax Via Credit Cards

See how paying income tax via credit cards can simplify your financial transactions while supporting digital payments in India.
Income Tax

Filing ITR for AY 2024-25? Report These High-Value Transactions to Avoid Income Tax Notice

Report high-value transactions in your ITR to avoid income tax notices. Cash deposits, investments, and property deals are monitored by ITD.
ITR

ITR Filing Due Date 2024 Is Near: Know How Much Time I-T Dept Takes to Process ITR, Issue Refund

Learn about the ITR filing deadline for AY 2024-25 and how long it takes for the I-T Dept to process refunds.