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A landmark parliamentary review of the new Income Tax Bill, 2025 has proposed sweeping reforms to ease tax compliance, ...
The Income Tax Return (ITR) filing season for FY 2024-25 is in full swing, but millions of taxpayers are still anxiously ...
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Newspoint on MSNITR 2025: Strict Action Against Fake Deductions Drives Taxpayers Towards New Tax RegimeThe Income Tax Department has ramped up surveillance on salaried taxpayers by leveraging Annual Information Statement (AIS) ...
Instead of filing a full ITR, a new, easy-to-fill form will be introduced. This form will automatically pull TDS data from ...
A HUGE change to Inheritance Tax and pensions has been confirmed this week in a blow to grieving families. The Government has ...
ITR filing 2025: Are you a social media influencer? Here's how to file your income tax returns right
You will have to choose between ITR-3 and ITR-4 (Sugam), verify AIS to ensure you do not miss out on any source of income and maintain documentary proof for any deductions claimed.
Cross-check key documents, maximise your deductions, avoid errors, and ensure you get your refund smoothly. Kindly note that ...
The Income Tax Bill 2025 promises to boost small businesses and address economic inequality, says Parliamentary Select ...
The Select Committee on the Income-Tax Bill 2025 recommended this, say officials closely involved with the legislation.
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Newspoint on MSNNo More ITR Hassles for TDS Refund: New Form to Replace Income Tax Return for Low-Income EarnersIn a significant move aimed at simplifying the income tax filing process for low-income individuals, the Indian government is proposing a major relief in the Income Tax Bill 2025. As per the proposal, ...
Instead of filing ITRs solely for claiming TDS refund, taxpayers may be able to do it by just filling up a simple form, ...
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The Manila Times on MSN‘Create-ing More’ efficiency in the VAT refund processTHE Create More Act (Republic Act 12066) and its implementing regulations introduced key amendments to the VAT refund and tax credit system in the National Internal Revenue Code (the “Tax Code”).
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