Tax, Investments and Retirement

It is seen in the recent news items about GST Input Tax Credit frauds so frequently. They are running into crores. When the common people are paying for each and every purchase, which includes dail...

There is a big catch in increase in tax-free slab to ₹7,00,000 (with effect from AY 2024-25). No income tax will be payable if your taxable income does not exceed ₹7,00,000. B...

I sold a car under my name for 15Lac in FY 22-23. I am now going to file ITR for AY 23-24. I am confused if I should include the money received in my personal bank account for this sale transaction...

I had filed my income tax return for the assessment year 2021-22 under section 139(1) i.e., filed on or before the due date, and claimed the refund of Rs. 5000 plus. The same was acknowledged by th...

Attached please find an article containing useful information. (Source: Taxguru)

As per data released by Income Tax Department the details of returns filed are as under: a) ITR 1 3,03,00,000 b) ITR 2 57,60,000 c) ITR 3 1,...

I am a senior citizen and filed my return on the 18th Oct but till date (23rd Dec) I have not recd my refund. I have called their Helpline no also many times. They say they will lodge my complaint ...

For bank fixed deposits in India: 2016: 9.3% interest 2019: 8% interest 2021: 5.5% interest Senior citizens retirement plans must be under water unless they did enough ...

God news. A lot of time has been vested. In the Court, it may be advised that any future such new thing must be tested in all respect and by all stakeholders, before the due date I.e. 31/03 in this...

The writ petition filed by the tax Bar Association before the Gauhati High Court seeking a direction from the respondent authorities to restore the old income tax portal immediately due to non- fun...