Salaried taxpayers opting for the old tax regime must now follow a revised ITR filing process for FY 2024-25. Merely using ...

Key changes in the Income Tax Return (ITR) filing process for those opting for the old tax regime in the Assessment Year 2025 ...

Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.

Spreadsheets templates in Excel Utility to file Income Tax returns for assessment year 2025-26 have changed, particularly for ...

Finance Minister Nirmala Sitharaman introduced new income tax regime changes in Budget 2025, featuring revised tax slabs for FY 2025-26 and altered exemption limits. Designed for simpler filing, it ...

The income tax department has implemented new validation rules for ITR-1 and ITR-4 forms for FY 2024-25, requiring detailed ...

The Income Tax Department has rolled out updated Excel utilities for ITR-1 and ITR-4 for AY2025–26. These forms now support ...

There are taxation and enforcement measures of Rs281 billion and Rs389 billion respectively, resulting in total revenue of ...

Enhanced disclosure requirements for taxpayers opting for the old tax regime. - Automation of deduction verification aims to ...

ISLAMABAD: The Federal Board of Revenue (FBR) has enhanced the scope of coal supply by persons engaged in coal ...

Big tax savings are possible—even under the no-exemptions new regime. A case study shows how a Rs 50 lakh salaried employee ...