Income Tax - Goods and Services Tax

09/02/2026

गाड़ियों पर पहले से ही GST और रोड टैक्स लगता है,
फ्यूल पर पहले से ही कई ड्यूटी और सेस लगते हैं, तो फिर नागरिक दोबारा टोल टैक्स क्यों दें रहे हैं? 🤔
क्या आप राघव चड्डा जी कि बात से सहमत हैं।

16/07/2025

ITR Filing Deadline-

In a major relief, the CBDT has extended the deadline to file income tax return (ITR) to September 15, 2025, from the earlier deadline of July 31, 2025. That being said, salaried individuals will be required to file ITR forms for financial year 2024-25 and assessment year 2025-26. However, self-filing of ITR can be confusing for first-time taxpayers.

17/05/2025

How to File ITR-1 Form Sahaj :

इनकम टैक्स डिपार्टमेंट ने वित्त वर्ष 2024-25 (आकलन वर्ष 2025-26) के लिए इनकम टैक्स रिटर्न (ITR) फॉर्म जारी कर दिए हैं.

यानी अब आप 1 अप्रैल 2024 से 31 मार्च 2025 के बीच हुई अपनी आय और टैक्स का हिसाब इनकम टैक्स रिटर्न फाइल करके दे सकते हैं.
पिछले साल की तरह इस बार भी सरकार ने सात ITR फॉर्म नोटिफाई किए हैं. इस लेख में हम ITR-1 फॉर्म, जिसे 'सहज' फॉर्म भी कहते हैं,
पर चर्चा करेंगे और समझेंगे कि यह कौन भर सकता है और कौन नहीं.

ITR-1 (सहज फॉर्म) क्या है?

ITR-1 एक सरल और एक पन्ने का फॉर्म है. इसे खास तौर पर सैलरी पाने वाले,
पेंशनर्स और सीमित आय जैसे ब्याज पाने वाले व्यक्तियों के लिए डिजाइन किया गया है. अगर आपकी सालाना कुल आय 50 लाख रुपये या उससे कम है, तो आप यह फॉर्म भर सकते हैं.

17/05/2025

How to split rental income between husband and wife to save income tax

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To lower income-tax liability, rental income can be split between the husband and wife if both are co-owners of the property. The split shall be proportional to their ownership share in the property.

17/05/2025

Govt to extend ITR filing deadline this year beyond July 31?

08/04/2025

आईटीआर दाखिल करने की अंतिम तिथि कब है?
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गैर-ऑडिट करदाताओं के लिए आईटीआर दाखिल करने की अंतिम तिथि अगले वित्तीय वर्ष की 31 जुलाई है।

इसलिए,
वित्तीय वर्ष 2024-25 (मूल्यांकन वर्ष 2025-26) के लिए आईटीआर दाखिल करने की अंतिम तिथि 31 जुलाई 2025 होगी।

28/02/2025

ICAI introduces New Balance
Sheet Format for Non-Corporate Entities; Implementation
from April 1st. 2025.

01/02/2025

FM declares PIT reforms, rationalization of TDS and TCS

Sitharaman announces PIT reforms, rationalisation of TDS and TCS,
reducing compliance burden.
The government has announced exemptions from Basic Customs Duty (BCD) on cobalt powder, lithium-ion battery waste and scrap, lead, zinc, and 12 other essential mineral
In addition, 35 more items related to electric vehicle (EV) battery manufacturing and 28 items for mobile phone battery production will be added to the list of exempted capital goods.

01/02/2025

Union Budget 2025 Highlights: The ‘dream budget’ for middle class?

Union Budget 2025 Highlights: Nirmala Sitharaman's Budget 2025 announcement is being termed as the “dream budget" for the middle class as the Union Finance Minister proposed no tax till the income of ₹12 lakh per year.

Key tax points you need to look out for:

1. Taxpayers with a normal income (excluding special rate income like capital gains) of up to ₹12 lakh will have no tax liability due to a rebate and reduced slab rates.

2. Those earning ₹12 lakh will receive a tax benefit of ₹80,000, which covers 100% of their tax payable under existing rates. For an income of ₹18 lakh, the benefit is ₹70,000, covering 30% of the tax payable.

3. Similarly, a person earning ₹25 lakh will get a benefit of ₹1,10,000, which accounts for 25% of their tax liability under the current rates.

Union Budget 2025 Highlights: Where is Govt earning from?

Union Budget 2025 Highlights: The Indian govt expenditures are diversified in terms of supporting national security, public good, and economic development.

According to the budget 2025 data, the biggest share goes to the state's taxes and duties at 22%. Interest payments that result from previous borrowings are at 20%. Central sector schemes at 16% of the total spending, 8% goes to Finance Commission transfers and other grants, are among many other costs which the nation has to expend and estimate for its budget every year.

Union Budget 2025 Highlights: Where does money come from?

Union Budget 2025 Highlights: The govt of India earns from the collection of tax revenues and non-tax revenues.

According to the Union Budget 2025, the govt earned 39% of the total receipts from income and corporate taxes compared to the previous year.
The GST collection trends show a consistent consumption pattern unchanged at 18%.

The govt earned 5% from union excise duties and 4% from customs duties, ac

01/02/2025