Over 90 lakh updated Income Tax Returns (ITRs) have been filed over the last four years which fetched ₹9,118 crore to the exchequer, Parliament was informed on Monday (March 25). Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap […]
How to file ITR with crypto gains – CNBC TV18
Filing an Income Tax Return (ITR) requires accurate reporting of all income sources, including crypto gains. Taxpayers must follow these steps to file their returns correctly. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% Axis Nifty 100 […]
12 lakh ITR refunds for FY24 not credited: Here’s why – CNBC TV18
Around 12 lakh taxpayers have not received their income tax refunds for FY 2023-24. Out of 3.68 crore refund claims, these refunds failed to be credited due to various reasons. The government disclosed this in the Rajya Sabha. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 […]
Record 7.28 crore ITRs filed for FY23-24 till July 31; over 5 crore opt for new regime – CNBC TV18
A record 7.28 crore Income Tax Returns (ITRs) were filed for the assessment year (AY) 2024-25 by the deadline of July 31, 2024. This marks a 7.5% increase compared to the 6.77 crore ITRs filed by the same date in the previous year, AY 2023-24. Surge in new tax regime filings A shift has been […]
Missed the ITR deadline? Here’s what you need to know about late fees and filing your return now – CNBC TV18
As the July 31 deadline for filing Income Tax Return (ITR) for the financial year 2023-2024 has passed, taxpayers who have not yet filed will face financial penalties. Here’s a guide on the late fees, interest charges, and how you can still file your returns. Late fees under Section 234F If you missed the ITR […]
Only three days left to file ITR for FY 2023-24 — Here’s how to do it yourself – CNBC TV18
Taxpayers have just three days left to file their Income Tax Returns (ITR) for the financial year 2023-24. With the deadline set for July 31, 2024, if you’re planning to file your return independently, here’s a guide to the some of the websites and a brief overview of how to use them. Income tax e-filing […]
Why an ITR filing deadline extension is unlikely this year – CNBC TV18
The Income Tax Department is unlikely to extend the deadline for filing Income Tax Returns (ITRs) beyond July 31, 2024. Despite calls from taxpayers for an extension due to technical issues with the e-filing portal, the department looks firm on its original timeline. Surge in ITR filings The department reported over four crore returns filed […]