Category: Income Tax

23.04.2024: Today, Smt. Nirmala Sitharaman, the Union Minister of Finance and Corporate Affairs, unveiled the Union Budget for the fiscal year 2024-25 in Parliament. Key highlights of the budget include: Part-A Budget Estimates 2024-25: Package of PM’s five schemes for Employment and Skilling Nine Budget Priorities in pursuit of ‘Viksit Bharat’: Priority 1: Productivity and […]

The Central Board of Direct Taxes (CBDT) vide Notification No. 19 of 2024 dated 31.01.2024, has notified Income-tax Return Forms (ITR Form) – 2, 3 and 5 for the Assessment Year (A.Y.) 2024-25. Further, vide Notification No. 16 of 2024 dated 24.01.2024, ITR Form-6 has been notified for the A.Y. 2024-25. Earlier, ITR-1 and ITR-4 […]

In this day and age, there are very few people who have not heard of the term digital investment. In the last decade, a new realm of digital investments has accelerated into investor portfolios. The world of digital investment is a part of our everyday lives. Until recently, dealings in such an investment had no […]

The Form 26AS is an Annual Information statement under Income Tax. The Form 26AS shows various data details like Tax Deducted and Collected at Source, Advance Tax, and Self – Assessment Tax. Similarly, it also displays the specified financial transactions like demand, Refund Pending, and completed Proceedings for a taxpayer’s PAN as per the Income-tax […]

28.03.2023: The last date to link your Aadhar Card with the PAN is extended till 30th June 2023 with a late of Rs. 1000/-. Thus, Aadhar pan card linking gets further extension till 30.06.2023. However, the Govt. has not waived the late of Rs. 1000/- for the linking process. Since Aadhar pan link last date […]