President Donald Trump on Friday said his administration would revoke Harvard University’s tax-exempt status, escalating his fight with the nation’s oldest institution of higher education.

As the government has notified the ITR-1 (Sahaj) and ITR-4 (Sugam) forms, the income tax department will soon enable income tax returns filing for the financial year 2024-25 (or assessment year ...

the Income Tax Department has officially notified the Income Tax Return (ITR) forms 1 and 4 for the assessment year (AY) 2025-26. These simplified forms are designed for individuals and entities ...

Income Tax: Central Board of Direct Taxes (CBDT) has finally notified income tax return filing forms (ITR-1 and ITR-4) via notification dated April 29, 2025. Taxpayers were eagering waiting for ...

After much anticipation, the Central Board of Direct Taxes (CBDT) has notified the new ITR-1 (Sahaj) and ITR-4 (Sugam) forms for Assessment Year 2025–26 (Financial Year 2024–25) on 29th April ...

The returns for incomes earned during the financial year from April 1, 2024, to March 31, 2025, have to be filed using the new forms. Trending Photos New Delhi: The Central Board of Direct Taxes (CBDT ...

But if a senior citizen files Form 15H with the bank then he can prevent this TDS deduction if the senior citizen's income is up to Rs 12 lakh under the new income tax regime. Read below to know more ...

New Delhi: The income tax department has notified ITR forms 1 and 4 for assessment year (AY) 2025-26 that are to be filed by individuals and entities with total income of up to Rs 50 lakh a year. Now, ...

Effective June 1, 2025 to July 31, 2026, the City of Toronto will temporarily increase the mandatory Municipal Accommodation Tax (MAT) rate on transient accommodations from 6 per cent to 8.5 per cent ...

With the notification, individuals, HUFs, firms having income up to Rs 50 lakh and those having earnings from business and profession in the 2024-25 fiscal (April-March) can start filing I-T ...

Form 15G is submitted by taxpayers below 60 years of age and 15H by taxpayers above 60 years of age. IV. Tax deducted under section 194S: April 30 is the due date for furnishing of challan-cum ...

How Pak's jihadi general Munir became trapped in his own vice It is important to note that not all taxpayers can file their income tax returns using the notified forms. Depending upon the source and ...