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Income tax calendar for May 2024; check all important deadlines that you should not miss this month

May is a crucial month for taxpayers with important deadlines including depositing taxes, issuing TDS certificates, filing statements and more.

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Income Tax Return (ITR) filing 2024: Form 16, issue date, parts to importance - know it all in brief here

Income Tax Return (ITR) filing 2024: Know all about Form 16, its parts and much more.

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Does choosing old tax regime for TDS on salary lead to smoother ITR processing, income tax refund claims?

TDS on salary, income tax refund: A salaried is required to choose tax regime twice - one for tax deducted on salary by employer and secondly while filing ITR.

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Income tax return filing for FY23-24: Check details of Form 16 issue date, ITR forms

As per the usual schedule, employers issue Form 16 around mid-June, i.e before June 15. For FY 2023-24 (assessment year 2024-25), Form 16 should be issued by June 15, 2024.

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TDS on salary: Don't pay higher tax! How to choose between new and old income tax regime | Business

Financial Literacy News: The new financial year, 2024-25 has begun starting from April 1. However, the income tax laws from the previous year, FY 2023-24, remain in effect for FY 2024-25 because the government has not made any changes. Potential changes may be announced in the upcoming budget after elections, but until then, the old laws remain.

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Income tax return filing: ITR filing 2024 date is upon us, but should you rush to file?

Income tax return filing: ITR filing date 2024 is very much here, but you must not be in a hurry to file as it may lead to problems.

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ITR Filing 2024: ITR-1, ITR-2, ITR-4 Available On e-filing Portal; 23,000 ITRs For FY 23-24 Already Filed

The ITR-1, ITR-2 and ITR-4, commonly used by taxpayers are available on the e-filing portal from 1st April, 2024 onwards for taxpayers to file their returns.

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CBDT enables ITR filing for FY 24; 23,000 returns filed in 4 days

ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that cater to a large number of small and medium taxpayers. ITR-2 is filed by people having income from residential property).

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Income Tax Rules FY 2024-25: Income Tax Rules FY 2024-25: New vs old tax regime - 6 rules salaried individuals should know | Business

Financial Literacy News: As the financial year 2024-25 has begun on April 1, it is important to be aware of income tax rules. Even if changes are announced in the Union Budget or during the year, they usually take effect from the start of the new financial year. This year, there were no changes announced for FY 2024-25 in the interim budget, so the income tax rules from the previous year remain unchanged.

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ITR-1, ITR-2, ITR-4 forms for FY 2023-24 (AY 2024-25) available now on e-filing income tax portal

ITR filing forms for FY 2023-24: As of April 1, 2024, the online ITR forms have been enabled. This means that taxpayers who are eligible to file their tax returns using these forms can now proceed to file their ITR for the financial year 2023-2024.

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