Articles

The Goa Finance Department has issued a Circular providing clarification on how discounts should be treated and recorded in tax invoices under the GVAT Act, 2005.

Guidelines Issued by Goa Finance Department for issuance of Tax Invoices Under GVAT Act 2005

News

Learn how to switch between the old and new tax regimes while filing ITR and maximise deductions for NPS contributions and education loan interest.

Can I Opt For Old Income Tax Regime When Filing My ITR?

CBDT has released ITR-1 and ITR-4 forms for AY 2025–26. Let us understand some important changes introduced in ITR forms for AY 2025–26

Changes introduced in ITR forms for AY 2025–26

Notifications

The Central Board of Direct Taxes (CBDT) has released Income Tax Return Forms 1 and 4 for FY 2025-26.

Income Tax Return Breaking: ITR Forms released for AY 25-26

The New Tax Regime offers lower rates and higher deductions, making it a better choice for most salaried employees in FY 2025.

Why New Income Tax Regime is Profitable for Salaried Employees

Any mismatch between Form 16 and the Annual Information Statement (AIS) can lead to an income tax notice from the Income Tax Department.

Avoid Tax Notice: Correct Mismatches Between Form 16 and AIS Before Filing ITR

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