Budget 2025: Higher 87A tax rebate, deduction on home loan, income tax slab and more, what experts demand from FM to boost consumption
Experts demand 87A tax rebate increase, accessible home loans, income tax slabs linked with inflation and others from the FM.
Good news for taxpayers: ITR forms updated to allow 87A tax rebate claims, but there's a catch
Eligible taxpayers who have income up to Rs 5 lakh/7 lakh can claim tax rebate under section 87A up to Rs 12,500/25,000. The ...
Income Tax dept updates ITR Forms 2 and 3 for claiming 87A tax rebate
It is important to note that eligible taxpayers who were previously unable to claim the Section 87A tax rebate can now do so ...
Taxpayers Alert! Last Date To Claim Tax Rebate Under Section 87A; Eligibility, Benefits, And How To Claim?
The Income Tax department has released Excel utilities in two major forms ITR2 and ITR3 for enabling taxpayers to claim the ...
ITR FY2023-24: I-T dept updates ITR forms to claim 87A rebates; check steps how to go about the process
The Income Tax Department has released revised Excel utilities for ITR Forms 2 and 3. Additionally, the department has ...
Extended Jan15 ITR deadline: Revise your income tax returns today to claim tax rebate under Section 87A
It is also the last chance for other individual tax-payers who may have missed filing their returns by July 31, or spotted ...
Wait until I-T portal glitch is resolved before revising returns, CAs tell tax-payers
At present, small tax-payers with special rate income such as short-term capital gains are unable to claim the rebate under ...
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Throwing light on income tax rebate under Section 87A
The quantum of maximum rebate under Section 87A is ₹12,500. So, in case the total tax before cess is less than ₹12,500 for an ...
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Attention taxpayers! You can now claim Section 87A rebate in updated ITR-2 and ITR-3 forms
The Income-Tax (I-T) Department is allowing taxpayers who qualify for the section 87A tax rebate for FY24 to now claim it in the updated Income-Tax Return (ITR) forms — ITR-2 and ITR-3 ...
What is Section 87A Of Income Tax Act? Are You Eligible For It?
What exactly is section 87A? This section of the Income Tax Act allows taxpayers to reap the benefits of the rebate system. A ...
ITR Filing Last Date
What is the difference between revised and belated ITR? Revised ITR can be filed by a taxpayer who has filed his/her original ...
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ITR filing deadline: Last 2 days to file late returns; check penalty details
The clock is ticking for late ITR filing! Avoid penalties by filing your return now. Here's everything you need to know about ...