If you’ve filed your 2024 income tax return, you’re ahead of the curve. However, submitting your paperwork is just the beginning. Tax laws and regulations may change, so it’s crucial to keep up with any updates that could impact your filing status, possible refunds, or tax liabilities. Taxpayers should be aware of the notice they …
Union Budget 2024-25 Highlights: Revised Tax Slab Rates for Salaried Individuals and Custom Duties on Gold & Silver
Finance Minister Nirmala Sitharaman delivered her seventh consecutive Union Budget 2024-25 on July 23rd, 2024 during the Budget session of parliament. This milestone makes her the first finance minister to present seven consecutive Budget speeches, breaking former Prime Minister Morarji Desai’s record of six consecutive budgets between 1959-64. Nirmala Sitharaman announced an increased standard deduction …