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Tax Reform

Tax regime shift: Is filing ITR under old regime still valid after default new regime? | Mint
  • Personal Finance

Tax regime shift: Is filing ITR under old regime still valid after default new regime? | Mint

TheSpuzz Desk6 months ago04 mins

Source: Live Mint I’m working with the Indian Army. Until last year, we received Form 16 under the old tax regime, which included all allowances such as house rent allowance, travel, uniform, etc. However, from AY 2024-25, we are receiving Form 16 under the default new tax regime, which does not mention non-taxable allowances. My…

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New portal for filing I-T returns aims to simplify work for taxpayers
  • Finance

New portal for filing I-T returns aims to simplify work for taxpayers

TheSpuzz Desk7 months ago23 mins

Source: Business Standard 2 min read Last Updated : Oct 16 2024 | 4:52 PM IST The Income Tax department plans an upgraded e-filing platform that users will find simpler to use for filing returns. ITR E-Filing Portal 3.0 will offer a more seamless and secure process, according to an internal circular dated October…

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Trending News

Trump’s tariff blocked: Is it the right time to move money from gold to stocks? EXPLAINED | Stock Market News
Market
Trump’s tariff blocked: Is it the right time to move money from gold to stocks? EXPLAINED | Stock Market News
Stiff competition hurts paint companies’ profitability; more pain in the offing
Market
Stiff competition hurts paint companies’ profitability; more pain in the offing
Canara Rebeco AMC’s Shridatta Bhandwaldar expects market consolidation ahead, remains bullish on these 2 sectors | Stock Market News
Market
Canara Rebeco AMC’s Shridatta Bhandwaldar expects market consolidation ahead, remains bullish on these 2 sectors | Stock Market News
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