ITR filing FY 2024-25: Don’t miss filing Form 10-IEA if...

ITR filing FY 2024-25: Don’t miss filing Form 10-IEA if switching tax regimes - here’s why

Posted

Many taxpayers are confused about Form 10-IEA, which is required for opting in or out of the new tax regime, especially those with business income using ITR3 or ITR4. Missing the filing deadline results in default assessment under the new regime, potentially costing taxpayers refunds as deductions are not considered. Frequent rule changes have further complicated tax filing.

Read Full Article

Please log in to like, share and comment!

National

Moderate to heavy rain forecast in hilly and Terai regions

KATHMANDU: Nepal is likely to experience continued wet weather today, as the monsoon low-pressure...

Von 0 10

National

Organic potatoes become key source of income for Bhojpur farmers

BHOJPUR: Organic potatoes grown in Bhojpur have become a reliable source of income for local...

Von 0 10

National

Can a generation that burned institutions now build them stronger?

KATHMANDU: Historians are likely to mark September 9 as a black day in Nepal’s modern...

Von 0 10

National

27 govt offices, party buildings torched in Gen Z uprising in Kanchanpur

KANCHANPUR: The recent youth-led protests in far-western Nepal escalated into widespread...

Von 0 10

National

Curfew eased briefly as Kathmandu sees signs of normalcy

KATHMANDU: After days of violent unrest, parts of Nepal’s capital saw a return of limited...

Von 0 10