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Income tax benefits, capital gains tax hike, cheaper phones | Budget takeaways
The government increased the standard deduction from ₹50,000 to ₹75,000, providing tax relief to millions of taxpayers
Updated on Jul 24, 2024 05:26 AM IST
Union Budget 2024: 6 new changes to income tax that the new budget may bring
The upcoming Union Budget 2024 is expected to bring a numbe rof changes to income tax for higher taxpayer convenience.
Published on Jul 22, 2024 11:48 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Will Nirmala Sitharaman bring cheer to middle-class with income tax changes?
Union Budget 2024 may focus on Income Tax relief for low earners to boost economic growth
Updated on Jul 18, 2024 03:42 PM IST
Faceless direct tax administration, a ground-breaking initiative
In the three years of the faceless scheme, appeals against tax assessments in dispute have shown a sharp downward trend. It implies lesser disagreements with tax assessments and more ease in compliance of tax laws. Also, elasticity of income tax collections to increase in incomes has been more positive.
Updated on Jul 18, 2024 06:36 AM IST
Pushpinder S Puniha
ITR E-filing portal glitches: Will deadline be extended beyond July 31?
Taxpayers face challenges while filing income tax returns due to glitches in the e-filing portal, including difficulty in accessing Form 26AS/AIS/TIS.
Updated on Jul 16, 2024 01:27 PM IST
