Login to File Income Tax Returns (ITR) for FY 2023-24 (AY 2024-25) online with ClearTax. ClearTax is fast, safe and easy for ITR E-Filing. ClearTax handles all cases of Income from Salary, Interest Income, Capital Gains, House Property, Business and Prof
Missing the deadline for filing Income Tax Returns (ITR) for the FY 2023-24 and AY 2024-25 can have some harmful effects. Take a look at what happens if you miss the ITR deadline:Potential for Scrutiny: Recognize, that if you file your taxes later, it might grab the attention of ...
Download the free trial version of Gen Income tax software FY 2023-24 (AY 2024-25) in an easy way. Try 10 active hours of the software that is absolutely free.
Today, we learn the provisions of section 143 of Income-tax Act 1961 as amended by the Finance Act 2022. The amended provision of section 143 is effective for financial year 2022-23 relevant to the assessment year 2023-24. In this article, you will learn detail of the provisions of sect...
There are seven federal income tax rates in 2024 and 2025: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. The income thresholds that inform each tax bracket are adjusted annually to account for inflation. These adjustments could mean tax savings for people whose incomes haven't kept up with...
, we have discussed in detailsection 9(Income deemed to accrue or arise in India) of IT Act 1961. Today, we learn the provisions of section 9A of Income-tax Act 1961. The amended provision of section 9A is effective for financial year 2022-23 relevant to the assessment year 2023-24....
Income tax rates as per tax slabs – FY 2023-24 The Union Budget 2023 revised the new tax regime to be the default regime, effective from April 1, 2023. The old tax regime is, however, still available for taxpayers to use and it retains the benefit of exemptions and deductions. Under ...
The last date to file income tax returns (ITR) for FY 2023-24 is July 31, 2024. The Income Tax Department confirmed that there will be no extension, despite rumours Problems with the e-filing portal are noted but unlikely to cause an extension. ...
Use the GoSimpleTax online Salary Calculator to calculate gross and net salary, income tax, national insurance, student loan and allowances in 2023/24 and previous years.
Here are the 2024 and 2025 tax brackets and federal income tax rates. Plus, learn how to find your marginal tax rate and effective tax rate.