The Reserve Bank of India (RBI) has raised the transaction limit for tax payments through UPI from Rs 1 lakh to Rs 5 lakh per transaction.
This article lists the developments that are crucial for home buyers as they navigate the evolving tax landscape and plan for potential financial impacts.
Ola Electric IPO: Discover the excitement surrounding Ola Electric's highly anticipated debut in the Indian stock market. Learn about investment opportunities and market expectations
The recent news about the cancellation of Puja Khedkar's candidacy as a trainee IAS officer by the Union Public Service Commission (UPSC) has raised significant concerns. Khedkar, accused of cheating her way through the Civil Services Examination by providing false information and certificates, is now barred from taking any future examinations.
Income Tax Regime: Is the Old System Going to Become History? A Unified Tax System in India? Discussion Stirs Following Statement by Revenue Secretary
This year, taxpayers should anticipate delays in their income tax refunds. The government has implemented a rigorous (Strict) new system for scrutinizing income tax returns (ITRs) using a specially designed, self-automated artificial intelligence (AI) software program.
The deadline for filing Income Tax Returns (ITR) for the financial year 2023-24 in India is set for July 31, 2024. While the due date provides a clear timeline for taxpayers to fulfill their tax obligations, it has sparked a debate about its implications. Let's delve into the advantages and disadvantages of having a fixed due date and the effects of extending it.