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51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime, notes FinMin data

The total number of ITRs for AY2024-25 filed till July 31, 2024, is more than 7.28 crore.

ANI   


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Filing your ITR at the last minute? Don't make these mistakes

As per official data, about 6 crore ITRs have already been filed so far, and around 70% of them hav…

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3 mins read

Five things to remember as you file your ITRs at the last minute

ITR-1 form is designed for resident individuals who have income from salary, one house property, an…

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Important dates to remember while filing your ITR this time!

13 days from now, i.e., 31st July 2024 is the last date for salaried individuals, non-resident Indi…

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ITR Filing: Today is the last day to file your income tax returns, so file today to avoid penalties

You will have to pay a penalty of Rs. 1,000 if your total annual taxable income is below Rs 5,00,0…

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1 min read

About 6 cr ITRs filed for FY24; 70% under new tax regime

Addressing the post-budget session of PHD Chamber of Commerce and Industry, Malhotra said there wer…

PTI   


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3 mins read

ITR filing: Documents you need to file your income tax return

If you've paid premiums for a life or health insurance policy during the year, or invested in ELSS…

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3 mins read

Wondering which ITR form is right for you? Know all about it here

It's time to file your ITRs! While the deadline is 31st July, it's best to not put off filing your …

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3 mins read

Decoding Form 16: How do you file your taxes if you don't get Form 16?

While you can still download Form-16, there's another, manual way to figure out your tax liability.…

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1 min read

Ecom Express files papers with Sebi for Rs 2,600-crore IPO

Ecom Express Ltd sought to raise Rs 2,600 crore through an IPO, consisting of a fresh issue worth R…

PTI   


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3 mins read

Confused about the new tax regime? Here's when you should opt for it

The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…

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2 mins read

Let health professionals return to work: SC on Kolkata doctor rape-murder case

The Supreme Court, while commencing its hearing on the Kolkata doctor rape-murder case on Thursday,…

ANI   


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4 mins read

All you need to know about the new tax regime

The new tax regime was introduced in Budget 2020 as a means to simplify tax calculations and offer …

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3 mins read

The IRS says its direct file program saved Americans $5.6 million in filing fees. Now they're making it permanent.

Over 100,000 Americans filed their taxes using the IRS's free new program last year. Now, it's stic…

Juliana Kaplan   


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Boeing says it'll lose at least $125 million more as its Starliner aircraft remains stuck in space with no return date

The increased projected loss comes as Boeing reported deepening financial woes, with a $1.44 billio…

Aditi Bharade   


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3 mins read

Made a mistake while filing tax returns? Here’s how to file a revised ITR

The process of revising a tax return involves making necessary updates and corrections to a previou…

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4 mins read

ITR filing deadline is today – If you miss it, there are more consequences than just a penalty

The Income Tax Act provides provisions for offsetting and carrying forward losses. Offsetting invol…

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2 mins read

One in four taxpaying citizen yet to file IT returns with 3 days to deadline

Revenue Secretary Sanjay Malhotra said last week that the possibility of extending the deadline for…

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3 mins read

Your comprehensive document checklist for income tax return filing

The income tax return filing, or ITR filing, season will be here soon and with that has begun the s…

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5 mins read

The return of Wayne LaPierre: in 2nd NY trial, NRA's former 'king' fights for the right to resume some role at gun lobby

The National Rifle Association's former "king" is fighting NY AG Letitia James, who he says is bent…

Laura Italiano