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  1. 16 hours ago · What is the time limit for e-verification. The Income Tax Department reduced the time restriction for e-verification or hard copy filing of ITR-V to 30 days beginning August 1, 2022 via a notice dated July 29. That means taxpayers have to verify their returns within 30 days of filing to complete the process.

  2. 17 hours ago · Budget 2024 Section 80D Exemption: Taxpayers who have opted for the old tax regime are hoping for an increase in the limit under section 80D in the upcoming July 2024 budget, considering the significant rise in healthcare costs.