Taxpayers in India will need to file income tax returns for Assessment Year 2023-24 by 31st July, 2023. Get the tips to meet the due date on time.
Customers can also easily download the ITR (Income Tax Return) Forms for AY 2024-25 through the trial software. They can also get income tax return acknowledgement and learn how to get income tax return copies online. Gen IT software also explains the procedure of how to file income tax ret...
Filing Income Tax Return Due Dates for FY 2023-24 (AY 2024-25)There is a different category of taxpayer viz. Individual, HUF, Firm, LLP, Company, Trust and AOP/BOI. Due Date is different according to audit or non-audit cases of such categories as defined in section 139(1)...
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...
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.
Additionally, individuals can also claim deductions for tax-saving investments as dictated under Section 80C to 80U. The following are the income tax slab rates for individuals below the age of 60: Income Range Tax rate Tax to be paid Up to Rs.2,50,000 0 No tax applicable Rs 2.5 lakhs ...
In the financial year 2023-24, which ended in March 2024, French video game producer Ubisoft reported a net income of 157.9 million euros, up from a net loss of close to 495 million euros in the previous year. Annual net income generated by Ubisoft from fiscal year 2004-05 to 2023-24 ...
Suppose a penalty under the GST Act,2017 has been levied on an assessee for purchasing goods for specified purpose on concessional tax rate than @1% (normal rate @4%) and not utilise the same for the purpose for which it was bought. This penalty or fine has been levied for breach of ...
2025 Marginal Tax Rates by Income and Tax Filing Status TaxRateFor Single FilersFor MarriedCouples Filing Jointly 10%$11,925 or less$23,850 or less 12%$11,926 to $48,475$23,851 to $96,950 22%$48,476 to $103,350$96,951 to $206,700 ...
Long-run evolution of income inequality in the Nordic countriesRolf AabergeErik Bengtsson