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Pre-filled ITR Form Mistakes You Must Avoid This Year

Pre-filled Income Tax Return (ITR) forms, introduced by the Income Tax Department, are designed to make tax filing simpler for individuals by auto-filling key financial details. These forms collect data from reliable sources such as your PAN, Aadhaar, Form 16 issued by employers, Form 26AS, and the Annual Information Statement (AIS) to pre-load income, tax paid, deductions claimed, and bank account information. However, despite the convenience, these pre-fille

Business

23 Jun 2025 06:59 AM 941 views

Pre-filled ITR Form Mistakes You Must Avoid This Year

Pre-filled Income Tax Return (ITR) forms, introduced by the Income Tax Department, are designed to make tax filing simpler for individuals by auto-filling key financial details. These forms collect data from reliable sources such as your PAN, Aadhaar, Form 16 issued by employers, Form 26AS, and the Annual Information Statement (AIS) to pre-load income, tax paid, deductions claimed, and bank account information. However, despite the convenience, these pre-fille

Business

GST Slab Changes Likely Soon as Govt Begins Revamp Talks

In a major policy development, the Indian government has initiated high-level talks to overhaul the Goods and Services Tax (GST) framework. According to a report by The Economic Times, the discussions aim to streamline the current slab structure, reduce business complexities, and prepare Indian industries for greater global competitiveness. The GST overhaul talks come amid broader tax reform efforts, including the introduction of an income tax simplification bill earl

Business

23 May 2025 01:11 AM 826 views

GST Slab Changes Likely Soon as Govt Begins Revamp Talks

In a major policy development, the Indian government has initiated high-level talks to overhaul the Goods and Services Tax (GST) framework. According to a report by The Economic Times, the discussions aim to streamline the current slab structure, reduce business complexities, and prepare Indian industries for greater global competitiveness. The GST overhaul talks come amid broader tax reform efforts, including the introduction of an income tax simplification bill earl

Business

Swiggy Faces Tax Troubles with Rs 165 Crore Demand for FY 2021-22

Swiggy, the popular online food and grocery delivery platform, is facing new tax troubles with a total tax demand of over Rs 165 crore for the financial year 2021-22. The first of the two orders was issued by the Profession Tax Officer in Pune, Maharashtra, demanding Rs 7.59 crore. This order alleges that Swiggy failed to properly deduct profession tax from its employees' salaries, which is required under the Maharashtra State Tax on Professions, Trades, Callings & Employments Act, 1975.

Business

06 Apr 2025 14:05 PM 1.05k views

Swiggy Faces Tax Troubles with Rs 165 Crore Demand for FY 2021-22

Swiggy, the popular online food and grocery delivery platform, is facing new tax troubles with a total tax demand of over Rs 165 crore for the financial year 2021-22. The first of the two orders was issued by the Profession Tax Officer in Pune, Maharashtra, demanding Rs 7.59 crore. This order alleges that Swiggy failed to properly deduct profession tax from its employees' salaries, which is required under the Maharashtra State Tax on Professions, Trades, Callings & Employments Act, 1975.

Business

Buying Property from an NRI? Here's What Every Indian Buyer Must Know

Buying a property in India can be challenging in itself, but when the seller is a non-resident Indian (NRI), the process becomes even more complex. While location, pricing, and negotiation remain critical, buyers must also navigate a web of tax compliance and documentation requirements. A single error in the transaction can result in steep penalties, especially when it comes to Tax Deducted at Source (TDS) under Section 195 of the Income Tax Act. Unlike typical real estate deals bet

NRI News

28 Mar 2025 02:28 AM 1.29k views

Buying Property from an NRI? Here's What Every Indian Buyer Must Know

Buying a property in India can be challenging in itself, but when the seller is a non-resident Indian (NRI), the process becomes even more complex. While location, pricing, and negotiation remain critical, buyers must also navigate a web of tax compliance and documentation requirements. A single error in the transaction can result in steep penalties, especially when it comes to Tax Deducted at Source (TDS) under Section 195 of the Income Tax Act. Unlike typical real estate deals bet

NRI News

Income Tax Filing for AY 2025-26: Form 16, ITR Process, and What to Do if Form 16 is Delayed

Starting April 1, 2025, taxpayers can begin filing their Income Tax Returns (ITR) for the Assessment Year (AY) 2025-26. Employers will provide Form 16 to salaried employees, which plays a crucial role in filing ITR by summarizing salary details, Tax Deducted at Source (TDS), and other tax-related information for the Financial Year (FY) 2024-25. Understanding Form 16, its contents, and its significance can help taxpayers ensure a smooth and error-free filing process.

Business

13 Mar 2025 07:32 AM 2.22k views

Income Tax Filing for AY 2025-26: Form 16, ITR Process, and What to Do if Form 16 is Delayed

Starting April 1, 2025, taxpayers can begin filing their Income Tax Returns (ITR) for the Assessment Year (AY) 2025-26. Employers will provide Form 16 to salaried employees, which plays a crucial role in filing ITR by summarizing salary details, Tax Deducted at Source (TDS), and other tax-related information for the Financial Year (FY) 2024-25. Understanding Form 16, its contents, and its significance can help taxpayers ensure a smooth and error-free filing process.

Business

Top 5 Last-Minute Tax-Saving Options Before March 31, 2025

As the March 31, 2025 financial year-end approaches, taxpayers under the old income tax regime should focus on tax-saving investments to minimize liabilities. Here are five effective last-minute tax-saving options: Equity-Linked Savings Scheme (ELSS) – A tax-saving mutual fund with a three-year lock-in period, offering deductions under Section 80C for investments up to Rs 1.5 lakh, along with potential high returns from equity marke

Business

18 Feb 2025 07:59 AM 1.08k views

Top 5 Last-Minute Tax-Saving Options Before March 31, 2025

As the March 31, 2025 financial year-end approaches, taxpayers under the old income tax regime should focus on tax-saving investments to minimize liabilities. Here are five effective last-minute tax-saving options: Equity-Linked Savings Scheme (ELSS) – A tax-saving mutual fund with a three-year lock-in period, offering deductions under Section 80C for investments up to Rs 1.5 lakh, along with potential high returns from equity marke

Business

Income Tax Refunds & New Tax Bill 2025: IT Department Clarifies, Experts Raise Concerns

The Income Tax Bill 2025 has raised concerns among taxpayers regarding refund eligibility if an Income Tax Return (ITR) is not filed before the due date. While the Income Tax Department (ITD) has clarified that there is no change in refund provisions, tax experts have pointed out inconsistencies that may impact individual taxpayers. IT Department’s Clarification on Refunds

Business

18 Feb 2025 06:58 AM 1.16k views

Income Tax Refunds & New Tax Bill 2025: IT Department Clarifies, Experts Raise Concerns

The Income Tax Bill 2025 has raised concerns among taxpayers regarding refund eligibility if an Income Tax Return (ITR) is not filed before the due date. While the Income Tax Department (ITD) has clarified that there is no change in refund provisions, tax experts have pointed out inconsistencies that may impact individual taxpayers. IT Department’s Clarification on Refunds

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#incometax

Pre-filled ITR Form Mistakes You Must Avoid This Year

Pre-filled ITR Form Mistakes You Must Avoid This Year

GST Slab Changes Likely Soon as Govt Begins Revamp Talks

GST Slab Changes Likely Soon as Govt Begins Revamp Talks

Swiggy Faces Tax Troubles with Rs 165 Crore Demand for FY 2021-22

Swiggy Faces Tax Troubles with Rs 165 Crore Demand for FY 2021-22

Buying Property from an NRI? Here's What Every Indian Buyer Must Know

Buying Property from an NRI? Here's What Every Indian Buyer Must Know

Income Tax Filing for AY 2025-26: Form 16, ITR Process, and What to Do if Form 16 is Delayed

Income Tax Filing for AY 2025-26: Form 16, ITR Process, and What to Do if Form 16 is Delayed

Top 5 Last-Minute Tax-Saving Options Before March 31, 2025

Top 5 Last-Minute Tax-Saving Options Before March 31, 2025

Income Tax Refunds & New Tax Bill 2025: IT Department Clarifies, Experts Raise Concerns

Income Tax Refunds & New Tax Bill 2025: IT Department Clarifies, Experts Raise Concerns

Sourav Ganguly Highlights Rishabh Pant’s Test Cricket Potential, Criticizes Shorter Formats and Pakistan's Talent Deficit

Understanding the Difference Between Heat Exhaustion and Heat Stroke

Bomb Threats At Multiple Locations In Hyderabad: Search Ongoing

Rana Daggubati’s Honest Confession About Returning Film Advances After Health Battle

"Konda Surekha at the Center of Controversy: Political Fallout and Miscommunication in Telangana"

Ex Nepal PM’s Wife Burnt Alive As Gen Z Protests Turn Violent In Kathmandu

Old vs New Tax Regime: Key Differences for Salaried Employees and Business Professionals in India

Divvela Madhuri Husband Responds Unconventionally to Her Relationship with YCP MLC Duvvada Srinivas

State trooper linked to double homicide in Pittstown found dead after shooting

Transparent, multilingual AI model Magistral aims to transform regulated industries

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Sourav Ganguly Highlights Rishabh Pant’s Test Cricket Potential, Criticizes Shorter Formats and Pakistan's Talent Deficit

Understanding the Difference Between Heat Exhaustion and Heat Stroke

Bomb Threats At Multiple Locations In Hyderabad: Search Ongoing

Rana Daggubati’s Honest Confession About Returning Film Advances After Health Battle

"Konda Surekha at the Center of Controversy: Political Fallout and Miscommunication in Telangana"

Ex Nepal PM’s Wife Burnt Alive As Gen Z Protests Turn Violent In Kathmandu

Old vs New Tax Regime: Key Differences for Salaried Employees and Business Professionals in India

Divvela Madhuri Husband Responds Unconventionally to Her Relationship with YCP MLC Duvvada Srinivas

State trooper linked to double homicide in Pittstown found dead after shooting

Transparent, multilingual AI model Magistral aims to transform regulated industries

#incometax

Pre-filled ITR Form Mistakes You Must Avoid This Year

Pre-filled ITR Form Mistakes You Must Avoid This Year

GST Slab Changes Likely Soon as Govt Begins Revamp Talks

GST Slab Changes Likely Soon as Govt Begins Revamp Talks

Swiggy Faces Tax Troubles with Rs 165 Crore Demand for FY 2021-22

Swiggy Faces Tax Troubles with Rs 165 Crore Demand for FY 2021-22

Buying Property from an NRI? Here's What Every Indian Buyer Must Know

Buying Property from an NRI? Here's What Every Indian Buyer Must Know

Income Tax Filing for AY 2025-26: Form 16, ITR Process, and What to Do if Form 16 is Delayed

Income Tax Filing for AY 2025-26: Form 16, ITR Process, and What to Do if Form 16 is Delayed

Top 5 Last-Minute Tax-Saving Options Before March 31, 2025

Top 5 Last-Minute Tax-Saving Options Before March 31, 2025

Income Tax Refunds & New Tax Bill 2025: IT Department Clarifies, Experts Raise Concerns

Income Tax Refunds & New Tax Bill 2025: IT Department Clarifies, Experts Raise Concerns

Sourav Ganguly Highlights Rishabh Pant’s Test Cricket Potential, Criticizes Shorter Formats and Pakistan's Talent Deficit

Understanding the Difference Between Heat Exhaustion and Heat Stroke

Bomb Threats At Multiple Locations In Hyderabad: Search Ongoing

Rana Daggubati’s Honest Confession About Returning Film Advances After Health Battle

"Konda Surekha at the Center of Controversy: Political Fallout and Miscommunication in Telangana"

Ex Nepal PM’s Wife Burnt Alive As Gen Z Protests Turn Violent In Kathmandu

Old vs New Tax Regime: Key Differences for Salaried Employees and Business Professionals in India

Divvela Madhuri Husband Responds Unconventionally to Her Relationship with YCP MLC Duvvada Srinivas

State trooper linked to double homicide in Pittstown found dead after shooting

Transparent, multilingual AI model Magistral aims to transform regulated industries

Popular Cities