Experts say there exists many flaws, glitches, etc with the e-filing ITR portal. Although these issues might seem small but collectively these add up to a bigger grievance. For example: When a notice ...

Anonymous: Sir, I'm unemployed & for trading my parents gave me Rs 5.8 lakh and I've made a loss of Rs 2.52 lakh, since money ...

According to an expert, if all details are correct and no notices are pending, but the refund is still not received, contact ...

Proceedings for adjustment of refund to outstanding demand u/s 245 (1) of the Income tax Act, 1961 are pending. Proceedings ...

Now taxpayers have a longer timeframe of up to 48 months to file an updated income tax return which was 2 years earlier. The ...

Retail and food sales made their largest monthly drop in January since March 2023, marking an end to the buying surge that ...

Budget 2025 has brought about changes to Ulips, tax on NPS Vatsalaya and for filing of updated income tax returns. Read our ...

Introduced in April 2022, this provision in the Income Tax Act allows taxpayers to report income by paying additional tax on ...

The Budget 2025 has raised the threshold of rebate available under Section 87A from Rs 25,000 to Rs 60,000. The basic income ...

The 10-year yield ( US10Y) and the shorter-end 2-year yield ( US2Y) were each losing ground for a second consecutive session.

To streamline the law, the new bill reduces the number of pages from 823 to 622, removing redundant provisos and explanations ...