CBDT notifies tax exemption for a development authority under Section 10(46A), effective from AY 2024-25. The ruling confirms retrospective benefit with no adverse impact on ...
India is about to witness the biggest overhaul in its income tax system in more than six decades. From April 1 next year, the ...
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Income-Tax Bill 2025: How provisions, sections for senior citizens have been covered under the new bill
The primary goal of the newly introduced Income-tax Bill, 2025 in Lok Sabha on Thursday is to simplify India's long-standing structure of direct taxation. This will be achieved by consolidating ...
If passed, the Service Members Tax Relief Act would eliminate federal income tax on all active-duty and reserve pay, as well as military bonuses.
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Income Tax: Last date to file revised or belated ITR is 31 December — key questions answered
There are certain scenarios in which you can file a revised return, but these do not include the filing of a return after an ...
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