Many are wondering whether they have to file ITR or Income Tax Returns after the Finance Minister Nirmala Sitharaman ...

One might have incurred some losses while selling assets, securities or properties in India. Such losses can be carried ...

Changes were made in the July Budget to reduce the complexity of the capital gains tax calculations and give some income tax ...

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.

Crypto traders in India could end up shelling out significant tax penalties if they don't report their gains in a timely fashion.

Salaried individuals with an annual income of up to Rs 12.75 lakh will have zero tax liability under the new tax regime. But ...

Introduced in April 2022, this provision in the Income Tax Act allows taxpayers to report income by paying additional tax on ...

While most countries, such as the US, UK, Australia, Canada, the Netherlands and Germany follow the calendar year (January to ...

Filing your Income Tax Return (ITR) is an important obligation for every taxpayer in India. However, if you miss this deadline, it’s crucial to understand the consequences, including potential ...

Union finance minister Nirmala Sitharaman announced that no income tax will be payable on income up to ₹12 lakh.

In addition to tax cuts, there is a desire for simplification of the tax filing process. Taxpayers have been requesting ...