New Income Tax Rules for FY 2025-26: Know All Rates, Slabs, Deductions,and More New Income Tax Rules With the beginning of the new financial year on April 1, 2025, several changes in income tax rules have come into effect. Budget 2025 introduced revised tax slabs, new deductions, updated TDS limits, and various exemptions aimed at … Read more
Income Tax Basics for Beginners Income Tax Basics for Beginners Paying income tax for the first time is a significant milestone in any individual’s financial journey. However, the process can seem complicated and overwhelming, especially with the technical jargon and numerous tax provisions. But don’t worry—we are here to simplify it for you! Whether you … Read more
Income Tax Return (ITR) 2025-26 Income Tax Return (ITR) 2025-26 Filing your Income Tax Return (ITR) is a crucial financial responsibility that ensures compliance with tax laws and provides numerous benefits such as easier loan approvals, visa processing, and smooth financial transactions. Income Tax Return (ITR) 2025-26 With the financial year 2024-25 nearing its end, … Read more
New Income Tax Bill 2025 New Income Tax Bill 2025 The Income Tax Act, 1961, has governed India’s direct tax system for over six decades. However, with evolving economic conditions, technological advancements, and changes in taxpayer behavior, the need for a simpler, streamlined tax law has become essential. To address this, Finance Minister Nirmala Sitharaman … Read more
Government Collects ₹9,118 Crore from Over 90 Lakh Updated ITRs in Four Years ITRs in Four Years The Indian government’s initiative to promote voluntary tax compliance through Updated Income Tax Returns (ITR-U) has yielded significant results. Over the past four years, more than 90 lakh updated ITRs have been filed, contributing ₹9,118 crore in additional … Read more
