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Finance Minister Nirmala Sitharaman revised the income tax slab rates under the new tax regime in Budget 2023.

How to optimise Tax Savings under New Tax Regime in FY24?

Every assessee whose Tax Deducted at Source (TDS ) has been deducted will have to file his/her TDS return.

TDS/TCS Due Date Calendar: FY 2023-24; Know Every Details

The Income Tax Department has enable new option of "Download CSI File" added on Home Page of Income Tax Portal.

Income Tax Department enabled new option of Download CSI File on portal

Income Tax Department is set to issue amended valuation standards under IT Act for determining fair market value (FMV) of unlisted company shares for the purpose of levying tax on non-resident investments.

IT Department to soon revised Valuation Standards for taxing Foreign Investments in Unlisted Corporations

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.

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How to optimise Tax Savings under New Tax Regime in FY24?

TDS/TCS Due Date Calendar: FY 2023-24; Know Every Details

Income Tax Department enabled new option of Download CSI File on portal

IT Department to soon revised Valuation Standards for taxing Foreign Investments in Unlisted Corporations

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!