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Income Tax 2023: Avoid these 5 mistakes or face income tax notice

Income tax 2023: Income tax should be filed properly otherwise taxpayers may have to face the dreaded income tax notice.

Income tax 2023Income tax newsIncome tax noticeIncome tax mistakesOw to avoid income tax noticePersonal financeUsiness news

Should you go for the new tax regime?

The govt made the New Tax Regime more attractive in the February budget. But what tax system works best for you will depend on which income bracket you fall in and what deductions you manage to claim.

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Income Tax Return filing for senior citizens in India; all you need to know

Ensuring ITR filing compliance is imperative. Know if it is essential for senior citizens to pay tax or not.

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ITR 2023: Step-by-step guide to file Income Tax Return using Form 16/ 16A

Form 16 is released yearly for the preceding fiscal year, generally before the end of May which runs from April 1st to March 31st.

Income tax departmentIncome tax formsIncome taxIncome tax returnIncome tax 2023Form 16Itr 2023Ncome tax return using form 16Form 16a

New income tax regime, other list of Income tax rule changes from April 1, 2023

According to the announcement made by finance minister Nirmala Sitharaman in her annual budget speech on February 1, the new tax regime will be the default system to file returns under.

Nirmala sitharamanAlso readNew tax regimeIncome taxIncome tax 2023Standard deduction

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