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Typically, tax refund comes within 10 to 15 days after filing the ITR. However, in many cases, it can take a month or two and there can be various reasons for this delay. Let’s understand what causes this delay.
How to pay income tax using a credit card?
What are the income tax expectations of the salary class from the budget? Let’s find out.
The call for a 'billionaire tax' by Congress is not isolated, echoing wider concerns regarding fiscal equity
Leveraging these tax-saving avenues not only secures your finances but also aligns with smart financial planning practices.
The government is also considering providing further relief through deductions in House Rent Allowance (HRA)
As per reports, the government is considering increasing the tax exemption limit to Rs 25,000.
This union budget, there is a demand to reduce the tax burden and rather give more tax exemptions to those who take health insurance.
If the NDA government increases the limit of the standard deduction in Union Budget 2024, it will increase the disposable income of salaried individuals, leading to an increase in spending. Increased spending will accelerate economic activities.
Registering on the Income Tax e-Filing portal and filing returns promptly ensures tax law compliance and offers benefits like refunds and financial transparency