ITR deadline extended: Taxpayers may earn more interest, but government could face higher refund burden – Times of India

NEW DELHI: With the Income Tax Return (ITR) filing deadline for Assessment Year 2025–26 extended from July 31 to September 15, 2025, a key question has surfaced: will this extension…

Taxpayers got tax exemption from corporate, government gave tax rebate of 8.7 lakh crores

Income Tax Rebate: In the last five years, the central government has given a total discount of Rs 8.7 lakh crore to the taxpayers coming to individuals (individuals) and Hindu…

The number of people filling ITR rose strongly, but the number of taxpayers declined by 70 lakhs in 5 years

Income Tax Return: Even though in the current financial year 2024-25, more than 8 crore people in the country have filed income tax returns, but according to the data, the…

The new income tax bill will be approved in the cabinet meeting, the bill will be introduced in Parliament next week!

New Income Tax Bill: The new Income Tax Bill can be approved in the cabinet meeting to be held on Friday 7 February 2025, after which the bill can be…

57 percent of the taxpayers of the country have only one wish from the Modi budget, the government should reduce the burden of income tax.

Union Budget Expectations 2025: 57 percent of individual taxpayers in India want the government to announce tax cuts in the budget for the next financial year 2025-26. This has come…

Good news announced for taxpayers, will soon be able to claim tax rebate under 87A

Income Tax Return: There is good news for those taxpayers who could not get tax rebate under 87A while filing income tax return despite being eligible for the financial year…

Bombay High Court has given big relief to such taxpayers! You will be able to file ITR till January 15, 2025

Income Tax Return Filing: The Bombay High Court has given big relief to those taxpayers who are entitled to get tax rebate under 87A of the Income Tax Act. The…

Finance Ministry answers 11 questions of taxpayers regarding new PAN

PAN 2.0 Project: Taxpayers will be issued PAN card with QR code in the coming days. Prime Minister on Monday 25 November 2024 Narendra Modi PAN 2.0 project has been…

Middle class taxpayers got big relief under Modi rule! Tax burden reduced so much in 10 years

Income Tax Update: Prime Minister Narendra Modi During the tenure of 10 years, the income tax burden on taxpayers earning less than Rs 20 lakh who fall in the middle…