CBDT Notifies Rules and Forms for Vivad Se Vishwas Scheme, 2024 | Effective from 1st October 2024
📢 CBDT Notifies Rules and Forms for Direct Tax Vivad Se Vishwas (DTVSV) Scheme, 2024 📝 | Scheme Effective from …
Income Tax
No tax rate reductions for old regime, clarifies Nirmala Sitharaman
The new regime features lower tax rates and an increased standard deduction of Rs 75,000. | File Photo Finance Minister …
Tax on EPF explained: PF Interest and PF withdrawal Tax Rules
Employees Provident Fund (EPF) withdrawals get different tax treatments based on various factors, so understanding this is important to avoid …
Vivad se vishwas Scheme notified from 1 October 2024
The Central Board of Direct Taxes (CBDT) has officially announced the implementation of the Direct Tax Vivad Se Vishwas Scheme, …
CBDT Increases Monetary Limits for Filing Income Tax Appeals from 17 September 2024 – Circular 9/2024
New Delhi, September 17, 2024: The Central Board of Direct Taxes (CBDT) has increased the monetary limits for filing income …
Major Changes in TDS and TCS Rates from 1st October 2024
The Finance Act (No. 2), 2024, introduces significant changes to the Tax Deducted at Source (TDS) and Tax Collected at …
Income Tax Amendments for streamlining Assessment, Appeals, and Refunds applicable from 1 October 2024
The Finance Act (No. 2), 2024, has introduced significant amendments to the Income Tax Act, 1961, aimed at streamlining various …
Tax Changes for Charitable Trusts from 1st October 2024
The Finance Minister, Nirmala Sitharaman, introduced significant changes for charitable trusts and institutions in the Finance (No. 2) Bill, 2024. …
How to use new electronic system to resolve Income Tax disputes
The Central Board of Direct Taxes (CBDT) has launched the e-Dispute Resolution Scheme (e-DRS) for taxpayers to resolve matters related …
OCI income tax depends on person’s residency status under I-T Act
A foreign national applied for an Overseas Citizen of India (OCI) card based on her marriage to an Indian citizen, …
