Do I need to file an ITR? Income Tax Return (ITR) filing is the process by which individuals, businesses, and entities declare their income, expenses, and tax liabilities to the Income Tax Department of India. While many people believe that ITR filing is only for those with high incomes, there are several situations where filing… Read More »
Is ITR filing mandatory Filing an Income Tax Return (ITR) is an important responsibility for every taxpayer, but many people often wonder if it is mandatory in every case. The answer depends on various factors such as your income level, age, and sources of income. What is ITR Filing? Income Tax Return (ITR) is… Read More »
User Intent Taxpayers in India often struggle to decide between the Old Tax Regime and the New Tax Regime. With frequent changes in tax policies, selecting the most beneficial regime requires careful evaluation. This article provides a detailed, step-by-step comparison to help individuals and businesses make an informed decision for FY 2023-24. Introduction… Read More »
