Budget 2024 income tax: Some relief for taxpayers; outstanding personal tax demands up to Rs 25,000 withdrawn; details here
Thursday, 1 February 2024 During the Budget 2024 speech, Finance Minister Nirmala Sitharaman announced the removal of disputed direct tax demands up to Rs 25,000, benefiting approximately 1 crore taxpayers. The proposal aims to address unresolved tax demands from FY 2009-10 and FY 2010-11 to 2014-15.
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Recent buzz around the child tax credit expanding following recent house approval has parents questioning whether they should hold off on filing. However, experts and the IRS urge people to file..
The IRS recently announced that there has been an increase in tax-related scams. This means your personal financial information could be at risk of being stolen! CEO David King and Lead Tax Attorney..
House Passes Bill , That Expands Child Tax Credit.
The House passed a $78 billion bipartisan
tax package on Jan. 31, CNN reports. .
It will now go to the Senate.
If adopted, the bill would give..
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