News

Employees must notify their employers of their chosen tax regime at the start of the financial year, according to the Central Board of Direct Taxes (CBDT).

Income Tax Regime: You can get Notice on Choosing wronTax Regime

Now taxpayers will have to apply to come in the old tax system. At the same time, if they do not do so, then the new tax system will be implemented automatically.

Old Vs. New Tax Regime: Do not be negligent in choosing Tax Regime; these people will get only one chance!

Old V/s New Tax Regime: Do not be negligent in choosing Tax Regime; Some will get only one chance!

The Income tax department recovered Rs.11 crore after searches at 60 locations of a company that manufactures steel items, including iron rods, across four states.

Income Tax Searches on Steel Company; Seized Unaccounted Money of Rs.11 Crore

The Income Tax Department has notified that Form 70 now available for filing on Income Tax Portal, which was earlier notified vide Notification No.111/2022 dated 28-Sep-2022.

Form 70 now available for filing on Income Tax Portal

Articles

It's that time of year once more! With the new financial year already started, it is essential to make correct decision about which tax system to use for the year: old or new.

Tax Savings Analysis: Which Income Tax Regime should you choose?

As the new financial year began on April 1, it is critical for salaried individuals to choose between the new and old tax regimes.

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Income Tax Regime: You can get Notice on Choosing wronTax Regime

Old V/s New Tax Regime: Do not be negligent in choosing Tax Regime; Some will get only one chance!

Income Tax Searches on Steel Company; Seized Unaccounted Money of Rs.11 Crore

Form 70 now available for filing on Income Tax Portal

Tax Savings Analysis: Which Income Tax Regime should you choose?

New Income Tax Regime Vs Old Income Tax Regime: 8 Things to consider before Choosing One