India is progressing towards fully automated Income Tax Return filing. Significant steps have already been taken to simplify ...
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Income Tax Return: Got cash as a wedding gift? Know how it will be taxed in ITR filing for AY2024-25
ITR Filing: In India, weddings are treated as a festival for family and friends, and giving big gifts is part of a culture. However, for tax authorities, these are not just gifts but sources of income ...
Pravin Kaushal writes that joint tax smoothens disparities between high- and low-earning spouses by averaging income across ...
Did our AI summary help? India’s income-tax system is built around individual taxation, with separate exemption limits and deductions for each taxpayer. Marriage does not change this treatment, and ...
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