Major Changes in ITR for Financial Year 2024- 25

The normal due date for filing the ITR is 31st July for cases where an audit is not required. ITR forms like ITR-1, ITR-2, ITR-3 (non-audit), and ITR-4 are filed by 31st July, but for the Assessment year 2025-26, the Income Tax Department has already extended the due date of filing to 15th September 2025. […]

Changes in Income Tax effective from 1st April, 2025

The Finance Ministry, through its Union Budget 2025, had made many changes which are effective from 1st April, 2025. Most of the changes have been made keeping in mind the hardship faced by Taxpayers. We will discuss major changes made in Income Tax, which are effective from 01/04/2025:  Revised Income Tax slab for F.Y- 2025-26 […]