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Expected Changes in Income Tax and GST from the Indian Budget 2025
Background :- The Union Budget 2025, which is set to be presented by Finance Minister Nirmala Sitharaman on February 1, 2025, is highly anticipated, as it will address the pressing economic issues and outline the government’s fiscal strategy for the upcoming year. Given the current economic landscape, which includes post-pandemic recovery, inflation control, and…
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Income Tax Due Dates Extended AY 2021-22
On Account of the surge in COVID cases, the following dates have been extended by the CBDT on 20th May 2021. i) Due date for filing return of income for AY 2021-22 extended to 30th September, 2021 from 31st July, 2021 – Regular Assessee. ii) Due date of Filing Return of Income for Tax Audit…
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