Discover the key highlights of the Union Budget 2024-25, including tax reforms, employment schemes, and infrastructure investments. Learn more about the latest updates.
Finance Minister Nirmala Sitharaman introduced the Finance Bill 2024 and the Final Budget for the fiscal year 2024-25 in the Lok Sabha on July 23, 2024. This budget, which marks her seventh consecutive presentation, outlines the government’s financial strategy and priorities for the upcoming year. The budget aims to stimulate economic growth, ensure fiscal discipline, […]
KSCAA addresses glitches in the Income Tax portal, highlighting challenges faced by taxpayers and professionals, in a representation to CBDT on 22nd July 2024.
Explore the intriguing history of Calcutta’s film industry pre-1947 and the income tax challenges faced by iconic artists, offering a delightful read for finance professionals.
Explore the ongoing issues of tax rebate under Section 87A for short-term capital gains on shares, following the new utility release on July 5, 2024.
आयकर पोर्टल की तकनीकी गड़बड़ियों के कारण करदाताओं को हो रही समस्याओं और आयकर रिटर्न दाखिल करने की समय सीमा बढ़ाने के लिए वित्त मंत्री श्रीमती निर्मला सीतारमण को अनुरोध।
Bikaner Tax Consultants Association seeks an extension of the Income Tax Return filing deadline due to ITD portal glitches and issues with Section 87A.
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Faulty Income Tax Return (ITR) Filing Utility are currently enforcing incorrect income tax liability by not allowing legitimate claim for rebate under section 87A of the Income Tax Act for certain incomes.
The recent changes in the ITR filing utilities have created significant challenges for taxpayers eligible for the section 87A rebate. The Ministry of Finance needs to address this issue promptly to ensure fair and accurate tax assessments and avoid unnecessary disputes.
