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
January 30, 2025CA Suchi SharmaIncome Tax News and Articles, Taxes in India 10 Minutes Read Many websites are providing links to free download income tax return filing software for people looking for a free trial. However, after clicking these links, users often receive a software purchase ...
The Central Board of Direct Taxes (CBDT), a division of the Department of Revenue under the Ministry of Finance, oversees the collection of direct taxes in India. The categories listed below are liable to a direct tax on their real earned income. A person as defined under the Income-tax...
GST collection in January 2022 stood at INR 1,38,394 crore, making it the seventh consecutive month when collections crossed the INR one-lakh-crore mark. While the recovery of the economy is a major factor, measures such as the introduction of e-invoicing and the linking of inward and outw...
An online income tax calculator is an automated tool designed to help taxpayers calculate their liability as per the tax regime laid out by theIncome Tax Department in India. This calculator has integrated basic information such as annual salary, tuition fees, rent paid, interest on a child’s...
Postponing by 2020 the contribution for failure to achieve the collection targets for electrical and electronic equipment and portable batteries and accumulators On June 27th a law was published amending the Emergency Ordinance no. 196/2005 on the Environment Fund, which postpones until 2020 the payme...
1. Consultation and Document Collection Begin the process with a consultation with Vakilsearch's experts, who will guide you through the required information and documents for your corporate tax return filing. Provide comprehensive financial records, and the Vakilsearch team will assist in organising ...
The Income Tax Department of India is a government agency responsible for income tax regulation and collection. It is a subsidiary of the Department of Revenue under the Finance Ministry. The IT department is headed by the Central Board of Direct Taxes (CBDT). The main responsibility of the ...
replaced a complex web of indirect taxes with a single, unified tax system, aimed at simplifying taxation and fostering economic growth. GST data analysis plays a crucial role in understanding the impact of this tax reform on various sectors of the economy, tax compliance, and revenue collection...
Early tax refunds 96 Accounting for Tax 102 Tax Audits and Tax Assessments 104 Tax Collection Using Distress Warrant 110 Tax Dispute and Resolution Objections; Appeals; Other avenues for tax dispute resolution; Judicial Review Requests to the Supreme Court 112 Contacts 116 Corporate Income Tax Corpora...