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Years ago, the Alabama Cooperative Extension System published an Alabama Farm Book. This annual publication was a series of legal and ledger-sized paper worksheets for farmers to write down different ...
Barring ITR-1 and ITR-4, the income tax department has yet not released the excel utilities of other income tax forms. Although the last date to file income tax return is still three months away ...
In case one misses filing their returns multiple times, the system may show an error message like: “You must file previous ...
To make the process easier, CA Sai Pratap Kopparapu shared a newly developed Excel tool has gone viral online, guiding taxpayers in picking the right Income Tax Return (ITR) form for Assessment ...
Spreadsheets templates in Excel Utility to file Income Tax returns for assessment year 2025-26 have changed, particularly for ITR-1 and ITR-4. The templates have stricter disclosure norms and ...
The Income Tax Department has extended the deadline to file ITRs for the financial year 2024-25 (assessment year 2025-26) from July 31, 2025, to September 15, 2025.
ITR Filing 2025: As the Income Tax Return (ITR) filing season begins, one question often confuses many taxpayers: Do I need to file an ITR if my income is below the taxable limit? According to ...
In his own number crunching, Mr. Duke found that the after-tax income of people making over $1 million would rise by 4.3 percent in 2027, translating to an average gain of more than $89,000.
The Central Board of Direct Taxes has released the updated ITR-2 form. It is for the assessment year 2025-26. The form includes separate reporting for capital gains. This is before and after July ...
High-wage earners — typically those making upward of six figures — pay a top tax rate of 6.3 percent under the current system, while middle-income earners pay 3 percent.
Risk of Replacement Taxes In fiscal year 2024, the Treasury Department collected $2.43 trillion in individual income taxes. They made up 49.3% of all revenue.
New Income Tax Slabs FY 2025-26: Starting April 1, 2025, individuals opting for the new income tax regime won't pay taxes on taxable income up to Rs 12 lakh. The revised income tax slabs for FY ...