Salaried taxpayers opting for the old tax regime must now follow a revised ITR filing process for FY 2024-25. Merely using Form 16 won't be enough — taxpayers will need to upload proofs for ...

ITR Filing 2025 Deadline: The Income Tax Return filing (ITR Filing) season has begun and as the ITR filing deadline for ...

The Income Tax Department has rolled out updated Excel utilities for ITR-1 and ITR-4 for AY2025–26. These forms now support exempt LTCG reporting, rent deduction under 80GG, and regime ...

In the new tax regime, income up to ₹ 7 lakh is tax-free for FY25. Note that from FY26, the nil tax threshold has been raised to ₹ 12 lakh under Section 87A", said Mohanka of TaxAaram India ...

Manufacturer's refund claim for denied Cenvat credit under GST transition rules allowed by Tribunal, citing vested rights and procedural ...

Senior Deloitte tax practitioners examine Mexico’s evolving approach to the OECD’s amount B and summarise the transfer ...

The Income Tax Department has activated online filing for ITR-1 and ITR-4 for AY 2025–26, featuring prefilled data and updated forms. Taxpayers now have until September 15, 2025 to submit their ...

Three decades after it was launched, hundreds of barriers still persist within the EU. In an era of trade wars, Brussels has ...

Any form of sales must involve proper revenue declarations to determine the tax base,” he added. Tinh also recommended that, along with POS systems, tax authorities ensure fair oversight to prevent ...