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ITR Filing AY 2023-24: Key Information and Steps
Filing your Income Tax Return (ITR) is an essential financial task that every individual, including finance experts, needs to undertake. As we approach Assessment Year 2023-24 (AY 2023-24), it’s crucial to understand the process and requirements for a seamless filing experience. Here are the key details and steps: 1. Eligibility Criteria: 2. Collect Documents: 3.…
New Income Tax Forms Launched AY 2023-2024
New Income Tax Forms Launched AY 2023-2024 Income-tax Returns Form ITR 1 and ITR 4 are enabled at the portal in Online mode with prefilled data. VARIOUS TYPES OF ITR FORMS ITR 1 For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, having Income from Salaries, one house…
HIGHLIGHTS OF UNION BUDGET 2023-2024
HIGHLIGHTS OF THE UNION BUDGET 2023-24 PART A The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament today. The highlights of the Budget are as follows: PART A Per capita income has more than doubled to ₹1.97 lakh in around nine years. Indian economy has…