Super senior citizens may not need to file income tax returns if they meet conditions under Section 194P. Complete exemption applies to those 75+ with only a pension and interest income from a ...
The new law reorganizes provisions and introduces clearer section mapping for business income. It simplifies compliance while retaining core taxation ...
The Code on Social Security, 2020 expands the wage base for gratuity, potentially increasing payouts, but tax rules under the ...
Under Section 44ADA of the Income Tax Act, 1961, an assessee opting for presumptive taxation is not required to maintain ...
With the rollout of the Income Tax Act, 2025 and new compliance rules, key changes have been introduced to ITR deadlines, along with an expanded scope for updated returns (ITR-U) and tighter PAN ...