ITR Filing AY 2023-24: Key Information and Steps

By Avik Kedia

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

By Avik Kedia

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

By Avik Kedia

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…