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  2. Income tax return (India) - Wikipedia

    en.wikipedia.org/wiki/Income_tax_return_(India)

    The Income Tax Act, 1961, and the Income Tax Rules, 1962, require citizens to file their tax returns with the Income Tax Department at the end of every financial year and this form is a part of the filing process as specified by the Government of India. The due date for filing return with the Income Tax Department of India is 31 July every year.

  3. New Tax Regime - Wikipedia

    en.wikipedia.org/wiki/New_Tax_Regime

    FY2021-22 was an uneventful year for the New Tax Regime as no new changes were announced except the relaxation of Income Tax filing for senior citizens over 75 years. [26] The government's tax policy for the near future was clearly outlined which indicated that all tax breaks will be gradually eliminated while maintaining a low tax rate.

  4. Income tax in India - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_India

    Normal return (§139(1)) – Individuals with an income above ₹ 250,000 (under age 60), ₹ 300,000 (age 60 years to 79 years), or ₹ 500,000 (over 80) must file a return. Due dates vary. A belated return, under §139(4), may be filed before the end of the assessment year.

  5. Here’s Every 2024 Tax Deadline You Should Know - AOL

    www.aol.com/every-2024-tax-deadline-know...

    Although not occurring until next year, Jan. 15, 2025, is an important date for 2024 tax filers. This is the date that your final quarterly estimated tax payment is due for the 2024 tax year if ...

  6. Heads up if you’re a freelancer or small business owner: The ...

    www.aol.com/heads-freelancer-small-business...

    Last month, the IRS issued official notice that for calendar year 2024 the dollar-limit threshold would drop to $5,000 and further announced the 2025 threshold would be $2,500. Only in 2026 is the ...

  7. Small business owners must report by end of the year to avoid ...

    www.aol.com/small-business-owners-must-report...

    Small business owners may not realize they are subject to a new reporting process mandated under the Corporate ... which went into effect in January 2024. ... the filing deadline is Jan. 1, 2025 ...

  8. Tax Day - Wikipedia

    en.wikipedia.org/wiki/Tax_Day

    [24] [25] This means that when the tax filing deadline is not moved for other political reasons, tax day for any particular year is always on April 15 (years when this day is a Monday through Thursday), Tuesday April 17 (years when April 15 is a Sunday) or Monday or Tuesday April 18 (years when April 15 is either a Friday or Saturday). For ...

  9. 2024 Union budget of India - Wikipedia

    en.wikipedia.org/wiki/2024_Union_budget_of_India

    The 2024 Union Budget of India [1] (ISO: 2024 Ke liye Bhārat Kā Saṅghīya Bajaṭ) was presented by Finance Minister, Nirmala Sitharaman on 23 July 2024. This was the first budget of Narendra Modi led NDA government 's third term .

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