ITR

Can I file my ITR for the past 3 years now? If you’re asking, “Can I file my ITR for the last 3 years now?”… Read More »Can I file my ITR for the past 3 years now?

Union Budget 2024–25: Updates and Changes in Income Tax The Union Budget 2024–25, presented by Finance Minister Nirmala Sitharaman, places strong emphasis on simplifying the… Read More »Union Budget 2024–25: Updates and Changes in Income Tax

Faceless Assessment Under Section 144B of the Income Tax Act Section 144B of the Income Tax Act introduces a modern approach to income tax assessments,… Read More »Faceless Assessment Under Section 144B of the Income Tax Act

Form 16 vs. Form 16A: What’s the Difference? The primary difference between Form 16 and Form 16A is that Form 16 serves as proof of… Read More »Form 16 vs. Form 16A: What’s the Difference?

Crypto Tax in India: Understanding Cryptocurrency Taxation The Income Tax Department (ITD) has not yet issued detailed, crypto-specific tax guidelines for Indian investors. Still, the… Read More »Crypto Tax in India: Understanding Cryptocurrency Taxation

ITR-1 vs ITR-2: Key Differences, Meaning & Eligibility Navigating India’s income tax return process can be challenging, especially when deciding whether to file ITR-1 or… Read More »ITR-1 vs ITR-2: Key Differences, Meaning & Eligibility

80EE vs. 80EEA: What’s the Difference in Home Loan Tax Deductions? Sections 80EE and 80EEA of the Income Tax Act provide valuable tax deductions to… Read More »80EE vs. 80EEA: What’s the Difference in Home Loan Tax Deductions?

54th Meeting of the GST Council The 54th GST Council Meeting, chaired by Finance Minister Smt. Nirmala Sitharaman, was held on 9th September 2024 in… Read More »54th Meeting of the GST Council

Taxation for NRIs in India Many Indians spend a substantial part of the year abroad, raising an important question: Do they still need to pay… Read More »Taxation for NRIs in India

Income Tax Return Filing for Non-Resident Indians (NRIs) Imagine this: You’ve just moved out of India and landed a fantastic job at a top global… Read More »Income Tax Return Filing for Non-Resident Indians (NRIs)