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The old regime is tax system that existed prior to the implementation of new regime. There are approximately 70 exemptions and deductions available under this regime.

Great News for Income Taxpayers; 6 Important Exemptions will be given on filling ITR Form

The Central Board of Direct Taxes(CBDT) has enabled Excel Offline Utility for Preparing and Filing ITR-1 and ITR-4 for AY 2023-24.

CBDT Enabled Excel Offline Utility for ITR-1 and ITR-4 for FY 2022-23 | AY 2023-24

In its ongoing investigation into potential fraud involving commission payments made by insurance companies, income tax department notified two significant private banks, according to a report.

Income Tax Investigation against Insurers widens to Banks; Says Report

A 40-year-old man was arrested on suspicion of extorting money from a local jewellers while posing as an income tax department investigator.

A Conman Dupes Bhopal Jeweller in garb of IT Official

The Income Tax Department has notified that Form 10 now available for filing on Income Tax Portal, which was earlier notified via notification issued in August 2022.

Form 10 now available for filing on Income Tax Portal

The Income Tax Department's Investigation Wing from Mumbai conducted searches on several well-known Bollywood producers.

Breaking: Income Tax Department Raids at well known Bollywood Producers

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