Check to See If Your Tax Bracket Is Changing for 2024
On Thursday, the IRS released its annual adjustments for the 2024 tax year, which include changes to income tax brackets and a higher standard deduction. These shifts happen every year…
Income Tax Return Forms To Be Available From April 1: Tax Body
These ITR forms will come into effect from April 1, 2023, CBDT said. (File)New Delhi: The Income Tax department on Wednesday said the ITR (Income Tax Return) forms for 2022-23…
Centre Notifies Income-Tax Return Forms For 2022-23
ITR-1 and ITR-4 are simpler forms that cater to a large number of taxpayers. (Representational)New Delhi: The Income-Tax Department has notified forms for filing I-T returns by individuals as well…
Two-Thirds Taxpayers May Shift To New Regime In 2023-24: Tax Body
The government has announced five slabs in the new income tax regime.New Delhi: Central Board of Direct Taxes (CBDT) chairman Nitin Gupta has said that he expects at least 50-66…
Budget 2023 Proposes Taking Away Income Tax From News Agencies
New Delhi: The Union Budget on Wednesday proposed removing the exemption from paying income tax by news agencies.The Finance Bill proposes an amendment to Clause 22B of section 10 of…
5 Things That Will Change In Personal Income Tax After Budget 2023
Income up to Rs 7 lakh would now be tax-free versus the earlier threshold of Rs 5 lakh.New Delhi: In the last full Budget before Prime Minister Narendra Modi seeks…
Nirmala Sitharaman Says New Tax Regime More Attractive After Budget 2023
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said the government has made the new income tax regime more attractive for taxpayers and has thus brought about ‘substantial changes’ in…
“Hum Do, Hamare Do…”: Shatrughan Sinha’s Jibe At New Income Tax Slab
Ms Sitharaman also proposed to change the tax structure by reducing the number of tax slabs to 5.New Delhi: Trinamool Congress (TMC) leader Shatrughan Sinha on Wednesday said that the…
Budget 2023 To Set Foundation For Growth Amid Global Gloom: 10 Facts
Budget 2023: Nirmala Sitharaman will present the Union Budget todayNew Delhi: The Union Budget for fiscal 2024, to be presented by Finance Minister Nirmala Sitharaman, will set the foundation for…
Union Budget 2023: Salaried People Seek Tax Relief Ahead Of 2024 Polls
The last Union Budget did not give relief to the middle classNew Delhi: Will salaried people in India get some respite on income tax? That’s the million-dollar question before every…