New Delhi: The Income Tax Department announced that over 6 crore income tax returns (ITRs) have already been filed for Assessment Year …
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Income Tax
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Business
Will ITR Filing Deadline Of September 15 May Be Extended? Should You Wait For Extension? Explained
by starindiaby starindiaIncome Tax Returns Deadline: As the deadline for filing income tax returns (ITRs) for Assessment Year 2025–2026 approaches on September 15, experts …
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Business
Reduction In GST Rates Have Higher Multiple Effect On Economy, Than Cut In Income Tax: Report
by starindiaby starindiaNew Delhi: A decline in the Goods and Services Tax (GST) rate has a higher multiplier effect of 1.08x compared with direct …
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Business
Wedding Gifts In India: Are They Really Tax-Free Or Will The Taxman Come Knocking? Find Out Here
by starindiaby starindiaNew Delhi: Weddings in India are vibrant celebrations, brimming with music, rituals, lavish meals, and generous gifts. Whether it’s cash-filled envelopes, gold …
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Business
EPF, PPF Interest Won’t Be Taxed—But Hiding It Could Cost You Big
by starindiaby starindiaNew Delhi: Even though the interest earned on EPF (Employees’ Provident Fund) and PPF (Public Provident Fund) accounts is tax-exempt, tax professionals …
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Business
Income Tax Act 2025 To Come Into Effect From April 1 Next Year — Does It Impose Any New Tax Rate?
by starindiaby starindiaNew Delhi: The government has officially notified the Income Tax Act, 2025, which consolidates and amends the income tax law provisions, replacing …
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Business
Taxes On Income, Investment And Even On Saving: CA Explains Real Tax Burden Faced By Upper-Middle-Class
by starindiaby starindiaNew Delhi: Salaried people in India pay taxes on nearly every step, including income, spending, investing and even savings. This is the …
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New Delhi: About six days after releasing the Excel utility for ITR-5, the Income Tax Department has now released the ITR-6 utility …
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Business
When Love Gets Costly: Wife Gets Tax Notice For Husband’s Rs 6.75-Crore Home
by starindiaby starindiaNew Delhi: On August 4, 2025, the Bombay High Court ruled in favor of a woman who had been wrongly accused of …
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New Delhi: The Income Tax Department has rolled out the ITR-5 Excel Utility for the Assessment Year 2024–25. Designed for partnership firms, …