Tag: Old Tax Regime

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ITR Filing: Income tax department shortens time limit for condonation of delay – What it means for taxpayers | Mint

The Central Board of Direct Taxes (CBDT) has issued a new circular regarding the condonation of delays in filing Income Tax Returns (ITRs), superseding...

Tax regime shift: Is filing ITR under old regime still valid after default new regime? | Mint

I’m working with the Indian Army. Until last year, we received Form 16 under the old tax regime, which included all allowances such as...

Income Tax: How can a middle-class salaried employee optimise for taxes? | Mint

In this world nothing can be said to be certain except for death & taxes. – Benjamin Franklin.Effective tax planning allows salaried employees...

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