11 Special Cases Where Filing Income Tax Returns is Mandatory 11 Special Cases Where Filing Income Tax Returns is Mandatory Filing income tax returns (ITR) is a responsibility that every eligible taxpayer must fulfill. While many people are aware of the basic criteria for filing ITR, certain special cases often go unnoticed. These situations mandate … Read more
Capital Expenditure in Budget 2024 Capital Expenditure in Budget 2024 The Union Budget 2024 has reaffirmed the government’s commitment to robust capital expenditure, with a focus on sustained economic growth and infrastructure development. Despite the challenges posed by global economic uncertainties, the budget has maintained a strong emphasis on capital spending. Key highlights include … Read more
Understanding Belated Income Tax Returns Understanding Belated Income Tax Returns Filing income tax returns (ITR) is a crucial responsibility for every taxpayer in India. While the due date for filing ITRs is generally July 31, there are instances where individuals might miss this deadline. Fortunately, the Income Tax Act provides an option for such taxpayers … Read more
Revised Tax Rates Under the New Tax Regime Budget 2024 Revised Tax Rates Under the New Tax Regime Budget 2024 The Budget 2024 has brought a series of significant changes to the tax regime in India, aiming to simplify the tax structure and provide relief to taxpayers. The new tax regime, introduced as an alternative … Read more
The Stress of Meeting Tax Filing Deadlines The Stress of Meeting Tax Filing Deadlines Tax season can be a particularly stressful time for both individuals and businesses. The pressure of meeting tax filing deadlines, coupled with the complexity of tax laws and the risk of penalties for non-compliance, can create a significant burden. Here, we … Read more
