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CBDT enables ITR filing for FY 24; 23,000 returns filed in 4 days

ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that cater to a large number of small and medium taxpayers. ITR-2 is filed by people having income from residential property). ....

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Navigating the Indian Tax Regimes: A Comprehensive Guide to the Old vs. New Tax Regimes

New Tax Regime vs Old Tax Regime: An important aspect of opting into the new regime was that once opted in, persons having business/professional income could only opt out of the regime once and thereafter, would be prevented from opting back in. ....

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