income tax Archives | Fusion - WeRIndia

Tag Archives: income tax

Key changes in income tax

Here are some important changes that simplify and clarify the ITR filing process this year.

How ITR deadline extension boosts

Taxpayers eligible for a refund may now earn over 30% more interest on the refund amount.

Key TDS reforms to benefit

These amendments, effective April 1, 2025, aim to reduce the tax burden and simplify compliance.

Understanding tax implications on Diwali

Gifts from close family members, including the spouse, parents, siblings, children, and in-laws, are tax-free.

Govt. clarifies on tax clearance

The Union Budget 2024 proposed including a reference to the Black Money Act, 2015.