With the deadline for filing Income Tax Returns (ITRs) fast approaching, the Income Tax Department has made it clear that there will be no further extension beyond July 31, 2026, for eligible taxpayers. The announcement comes amid growing speculation that the deadline might be extended due to the large number of pending filings. Officials have...
Mumbai: Taxpayers are reminded that the last date to file their Income Tax Return (ITR) for the financial year 2024-25 is September 15, 2025. Experts are advising taxpayers to exercise caution while filing, particularly regarding dividend income. Many investors notice discrepancies between the dividend amounts credited to their bank accounts and the figures shown in...
The Government of India has introduced a strategic, three-pillar framework for the next phase of Goods and Services Tax (GST) reforms. This proposal aims to streamline the tax structure, enhance ease of compliance, and support sustainable economic growth. It has been submitted to the Group of Ministers (GoM), constituted by the GST Council, for detailed...