CBDT extends deadline for revised ITR to January 15

CBDT extends deadline for revised ITR to January 15

The last date for filing an Income Tax Return (ITR) for the financial year 2023-24 was July 31, and for those who could not, the time was for filing a revised ITR with late fees was December 31, but now, the Central Board of Direct Taxes has extended this deadline to January 15. Dec 31, 2024
Budget 2025-26: CII seeks cut in income tax, 3-tier Customs duty to spur growth

Budget 2025-26: CII seeks cut in income tax, 3-tier Customs duty to spur growth

Apex business chamber CII on Monday urged Finance Minister Nirmala Sitharaman to reduce personal income tax for individuals earning up to Rs 20 lakh per annum, introduce a three-tier customs duty structure with higher tariffs on finished goods and go for a 25 per cent increase in government capex in the Union Budget 2025-26 to spur growth in the economy. Dec 30, 2024