No new change in income tax regime from April 1: FinMin

April 1, 2024 admin

The Finance Ministry said there is no change in the new income tax regime for individuals for the current fiscal year and individual taxpayers can opt out of the regime at the time of filing their income tax return (ITR). Clarifying on social media posts claiming certain changes in the new tax regime effective April…

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Record 7.85 Crore Income Tax Returns Filed Till October 31 This Year

November 1, 2023 admin

October 31, 2023 was also the due date for filing of some crucial statutory forms (Representational) New Delhi: The income tax department on Wednesday said a record number of over 7.85 crore ITRs were filed till October 31. The total number of ITRs (income tax returns) filed in FY 2023-24 for all assessment years up…

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