The goods and service tax is an indirect tax that is levied on the sale of goods or services in the country by the Indian government. You have to pay GST if you purchase a flat or apartment from an unregistered dealer. If that particular deal or transaction is canceled, you will be eligible for…

ITR 2024 last date came to an end on July 31 after the Income Tax Department decided not to extend the deadline beyond the initially specified time. Taxpayers can still file their ITR but with a late fee till December 31. ITR 2024: Normal tax return filing deadline for the Assessment Year 2024-25 ended on…

NPS Return : बड़ा रिटारमेंट फंड बनाने की चाह रखने वाले निवेशकों के लिए एनपीएस एक बेहतर विकल्प हो सकता है, यह एक मार्केट लिंक स्‍कीम है ऐसे में इसमें बाकी स्कीम के मुकाबले अधिक रिटर्न मिलने की संभावना भी रहती है. NPS Calculator : सरकार द्वारा नेशनल पेंशन सिस्टम यानी एनपीएस (NPS) में अधिक फीचर…

The last date to file an Income Tax Return was July 31. Now, the department is processing Income Tax refunds to the taxpayers. The Income Tax Department has released an update on the processing of Income Tax Returns (ITRs) for the assessment year 2024- 25. As of July 31, 2024, over 6.21 crore ITRs have…

Income Tax Return (ITR) processing AY 2024-25: More than 4 crore taxpayers have already filed their Income tax Returns (ITRs) for Assessment Year (AY) 2024-25 till July 27, the Income Tax Department has informed on its portal. Last year, as many as 8.14 crore total ITRs were filed and on AY 2024-25, this number is…

Two Tax Regime: New Regime u/s 115BAC (Default) and Old Regime New Regime ✔ Basic Exemption Limit is 3 Lakh Tax Rebates u/s 87A is Rs.25,000/- subject to total income of Rs.7 Lakh Savings Bank Interest is fully Taxable and not exempt upto Rs. 10,000 New Regime is always beneficial if you have no deductions…

~Navneet Shukla