Indiatimes26d
ITR filing with latest income tax slabs post Budget 2025: Will taxpayers with income below Rs 12 lakh have to file tax return?
Currently, for FY 2024-25, individuals earning above Rs 3 lakh but below Rs 7 lakh in the new regime, and above Rs 2.5 lakh but below Rs 5 lakh in the old regime, must file ITRs to claim Section ...
Mint1mon
Four of every five people who will file returns for FY26 likely to pay no tax, data shows
About 83.9 million Indians have filed income tax returns (ITRs) for financial year 2023-24 (FY24) as of December 2024. Of these, only 28.2 million (or 34%) paid tax, while the remaining 55.7 ...
Business Line9d
Over 30,000 taxpayers declare foreign assets worth over ₹29,000 crore in current fiscal
“Following a campaign by the Central Board of Direct Taxes (CBDT), 24,678 taxpayers reviewed their ITRs and 5,483 taxpayers filed belated returns for AY 2024-25, declaring foreign assets worth ...
Business Insider India7mon
About 6 cr ITRs filed for FY24; 70% under new tax regime
For the 2022-23 fiscal, 8.61 crore ITRs were filed. The idea behind comprehensive income tax review as announced in the Budget is to make the tax law simpler. "We will come up with a draft and ...
The Print9d
30,161 taxpayers declare foreign assets worth more than Rs 29,000 crore in CBDT’s ‘nudging campaign’
The Central Board of Direct Taxes (CBDT) “nudging campaign” has yielded significant results with 30,161 taxpayers declaring foreign assets worth over Rs 29,000 crore, government sources told ANI. Show ...