Marginal Relief in New Tax Scheme (from FY 2023-24)
Budget 2023 has revised the rebate limit in sec 87A under new tax regime to Rs. 7 lakh from the …
Income Tax
Who can file ITR1
ITR Filing season for FY 22-23 (AY 23-24) has been started after ITR1 & ITR4 forms are recently notified by …
Income Tax Rates for Individuals – AY 2024-25 (FY 2023-24)
Income Tax Rates are necessary to calculate your tax liability for any financial year. These rates are specified by the …
Mahila Samman Savings Certificate 2023 – A Complete Guide
Mahila Samman Savings Certificate, 2023 (MSSC) is a new scheme introduced by Finance Minister Shri Nirmala Sitharaman garu in the Budget …
PAN-Aadhaar linking date extended
Central Board of Direct Taxes (CBDT) has extended the last date for linking your Aadhaar with PAN to 30th June …
Which ITR is for whom?
Introduction Income Tax Return (ITR) is a form in which taxpayers communicate their source of income and losses to the …
New Tax Regime changes in Budget 2023
Budget 2023 has made numerous changes in the New Income Tax Regime which will be effective from FY 2023-24 i.e. …
Taxability of Life Insurance Proceeds from 1.4.2023
Introduction Life insurance policies play a major role in everyone’s life. It gives dual benefits such as Life security as well …
All about New Income Tax Regime (as per Budget 2023)
In Budget 2023, new income tax regime has undergone some phenomenal changes. From the beginning itself, many were reluctant to …
Budget 2023 Income Tax Updates
In this article, let’s quickly understand some major Income Tax updates as released in Budget 2023. There are quite a …