Two influential conservative groups are urging Iowa lawmakers to cut state and local taxes. Iowans for Tax Relief president ...
As we are about to usher in 2025, it’s crucial for taxpayers, businesses, and financial enthusiasts to stay on top of ...
Most of the income tax changes announced in July 2024 will affect tax deductions and exemptions that can be claimed while filing an income tax return (ITR) in July 2025. ET Wealth Online has listed 15 ...
The Mumbai High Court has postponed the last date to file income tax from December 31, 2024, to January 15, 2025. The delay ...
Non-compliance can lead to penalties of up to ₹10 lakh if foreign assets exceed ₹20 lakh (excluding immovable property).
Advance tax is a system where taxpayers pay their income tax liability in installments throughout the financial year, instead ...
Taxpayers must pay the third advance tax instalment by December 15, 2024, to avoid penalties. Those with tax liabilities over ...
Advance tax is also called as 'pay as you earn' tax which provisions to deposit advance tax in installments rather than at ...
A belated return refers to the income tax return that is filed after the deadline, that is July 31 of a given assessment year ...
ITR’s most interesting stories of the year covered ‘landmark’ legal battles, pillar two, AI’s relationship with transfer ...