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...
On Monday, Union Finance Minister Nirmala Sitharaman unveiled the updated New Income Tax Bill, 2025, which aims to replace the current Income Tax Act of 1961. This revised Bill was introduced after incorporating nearly all recommendations from the Select Committee. The Finance Minister presented the amended Bill following the suggestions made by the Select Committee,...