As per data available on the Income Tax website, 5.14 crore taxpayers have filed their income tax returns for AY 2024-25. Of this, over 4.67 crore ITRs are verified until this date and 2.22 crore ITRs are processed. Also read:ITR Filing Last Date 2024 Liv...
The CBDT has extended the income tax audit report submission date to 7th October 2024 from September 30, 2024. Read CircularDownload Tax Audit SoftwareRevised & Belated ITR Due Dates for AY 2024-25The due date for filing a revised and belated income tax return for AY 2024-25 is before thr...
Find here the latest updates regarding Income Tax for the Govt employees. deduction income tax table chart and tax calculation formula.
When a significant natural disaster hits – such as a hurricane, earthquake, tornado, flood, wildfire, blizzard, or the like – the IRS will extend upcoming federal tax deadlines for affected taxpayers if a federal disaster is declared. The extended due dates apply to most federal tax returns ...
By October 15, 2024, extended individual tax returns must be filed if an extension was requested. The April 15, 2024, Tax Returns Due Date: What Does It Mean for You? April 15, 2024, is the due date for filing individual income tax returns and making tax payments for the 2023 tax ...
Since 2010, the NIIT has extended the Medicare tax at a rate of 3.8% to investment income for those with certain high-income levels. For 2023, those income thresholds are as follows: Married Filing Jointly – $250,000 Married Filing Separately – $125,000 Single – $200,000 Head of ...
Income Tax Filing Deadline ExtendedRead the full-text online article and more details about "Income Tax Filing Deadline Extended" - Manila Bulletin, April 10, 2012Manila Bulletin
Important Points for Faster Processing Income Tax Refunds August 14, 2024Arpit KulshresthaIncome Tax News and Articles, Taxes in India 7 Minutes Read Every Indian Taxpayer contributes to the well-being of the nation by allowing the outgo of some money from their personal account in the form of...
date for filing Statement of Financial Transaction (SFT) returns for the fiscal year 2022-23. Originally, the deadline for filing SFT returns was set for May 31; however, due to heavy traffic on the reporting portal, the Income Tax Department has extended the...
tax cuts on the 2024 campaign trail – there will inevitably be portions of the existing law that Congress will aim to amend or even expand beyond the original tax cuts created by TCJA. Which means that the question going forward is not so much whether TCJA will be extended, but rather ...