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Post by: Renu Suresh in Income Tax
New Tax Regime: Recent Income Tax Changes in India Understanding the latest updates is essential for every taxpayer in the dynamic world of income taxation. The fiscal year 2023-24 marks a pivotal era with substantial changes to India's income tax regime,…
Post by: Dinesh Pandiyan in Income Tax
Form 10IE Or Form 10IEA: Which Form should you File? Taxpayers filing for the upcoming financial year (2024-2025) might be confused between Form 10IE and Form 10IEA. The main difference between these forms is that Form 10IE was used to…
Post by: Renu Suresh in Income Tax
ITR-1: Key Differences between the Old and New Tax Regime Filing income tax returns is a significant financial obligation for individuals, and understanding the different tax regimes is crucial for accurate reporting. With the introduction of the new tax regime…
Post by: Isha Purohit in Income Tax
New Form 10-IEA for Opting & Withdrawing from New Tax Regime for FY 23-24 The Central Board of Direct Taxes has introduced Form 10-IEA for business owners and professionals who wish to continue using the old income tax regime in…