Income Tax Return Due Dates Extended for AY 2021-22: The Government has extended the ... on filing ITR beyond the original due date at the rate of 1 per cent per month for every month/ part ...

It was pointed out that though the corporate tax rates prevailing in the country ... income earned by an individual is taxable at a 30% slab rate and such person is also entitled to avail benefits ...

With the Finance Bill 2022 set to become a law, one last chance to revise Income Tax Return (ITR) for Assessment Year 2021-22 ... AY. The additional tax will be payable at the rate of 50 per ...

Union Budget 2021-22 Expectations for Taxpayers ... Hence, “it is recommended to lower the highest tax rate from 30% to 25% and also increase the threshold from Rs 10 lakh to Rs 20 lakh for ...

The slab rate system of taxation has been a cornerstone of India’s tax framework since its inception ... on gross income stood at 9.55% for AY 2021–22, 9.66% for AY 2020–21, and 9.58% ...

(iStock) ITR filing for FY 2021-22: Due date for income tax return (ITR) filing for the assessment year (AY) 2022-23 for financial ... gains are taxed at the rate of 20 per cent (increased by ...

More than 2.25 crore ITRs for AY 2021-22 filed on Income Tax e-filing portal till 28th Oct,2021. Over 55% of these ITRs have been prepared using the online form available & filed on the new portal.

Have you not received refunds for Assessment Year 2021-22 (Fiscal Year 2020-21) even after filed validly? Do not worry. The Income Tax Department ... several returns for AY 22, could not be ...