Thursday, March 28th, 2024

Tag: income tax

ITR Filing: More than 7.40 crore people filed ITR in FY2023, know how many remained with zero tax liability

Photo:FILE A fixed date is fixed for a company or an individual to file ITR. The number of people filing income tax returns in the country is continuously increasing. The latest figures of the...

Net Direct Tax collection took a leap, crossed ₹ 10.60 lakh crore, taxpayers got this much refund

Photo:PIXABAY Company tax collection increased by 12.48 percent and personal income tax by 31.77 percent. Net direct tax collection across the country has increased by 22 percent so far in the current financial year...

Diwali 2023: There is a cracker of tax on gifts received on Diwali, know what are the rules if gifts are given to relatives.

Photo:PIXABAY Gift (Diwali gifts) means gift can also be money or movable/immovable property. It will be the occasion of Diwali and you may get some wonderful gifts from somewhere. Obviously you will be very...

Indians set a new record in paying income tax, figure reached 7.85 crores

Photo:FILE Income Tax The number of people filing ITR i.e. Income Tax Returns in the country is increasing rapidly. According to the data released by the Income Tax Department, 7.85 crore people have filed...

Hindu undivided family can save more tax if they want, understand the whole thing here

Photo:FILE HUF cannot open PPF account. If you are personally employed and have additional income from other sources, then you have the option of saving a good amount of tax under Hindu Undivided Family...

If there is a mistake in filing income tax return, do not take tension, follow these easy steps and make corrections

Photo: File income tax return income tax return With the deadline (July 31) approaching, the number of income tax filers has increased rapidly. Everyday lakhs of people are filing their income tax returns. Some...