The India Government has introduced a simplified 1-page ITR form for salaried individuals, which will be applicable from the current financial year. This form is now available for physical income tax filing and it is much easier to fill than the earlier 2-page ITR form. To simplify the form, some of the redundant columns have been taken away. Mentioning Aadhaar card number is now compulsory for filing ITR, which may cause several tax filers who do not have one yet to rush and apply for an Aadhaar Card. Read More
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