The year 2024 is ending and 2025 is about to knock. This year there have been many changes related to Income Tax, which will ...

One must note that prior to issuing a refund, the Income Tax Department must ensure that certain criteria are met. One of the ...

To give individual taxpayers more savings under the new tax regime, the government changed the income tax slabs. The ...

File your income tax return by December 31 to avoid penalties, jail term, and higher TDS rates. Be compliant to avoid ...

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

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

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 ...

A belated return refers to the income tax return that is filed after the deadline, that is July 31 of a given assessment year ...