The Brihanmumbai Municipal Corporation (BMC) clarified on Thursday that while property tax rates in Mumbai have not been increased, residents across the city have received higher tax bills this month. The surge
In a major relief to taxpayers, the Central Board of Direct Taxes (CBDT) has officially extended the due date for filing Income Tax Returns (ITRs) for the Financial Year 2024–25 (Assessment Year
The Central Board of Direct Taxes (CBDT) has released a new version of the ITR-5 form for Assessment Year 2025–26, applicable to partnership firms, LLPs, and Associations of Persons (AOPs). Notified through
Finance Minister Nirmala Sitharaman introduced the much-anticipated Income Tax Bill, 2025, in the Lok Sabha, aiming to simplify and modernize India’s taxation framework. The bill seeks to replace the Income Tax Act
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