Filing Income Tax Returns on time ensures compliance with tax laws and helps you claim deductions. Understanding the process ...

More than 9 crore people have filed their income tax returns (ITR) for the financial year 2025 (as of February 28), according ...

In Budget 2025, many rules related to income tax were changed. According to this, now taxpayers will be able to file their ...

The latest data released by the income tax department shows that over 9.11 crore registered users have filed their income tax ...

More than 9 crore people have filed their income tax returns (ITR) for the financial year 2025 (as of February 28), according to latest data from the Income Tax Department.

Form 16 provides details of the deducted tax amount and submission date and helps in ITR filing by ensuring accurate income ...

You can switch between the old and new tax regimes every year if your income comes from salary, interest, or rent ...

SRIDHARAN: Both Husband and Wife are having Long Term Capital Gains from sale of listed shares and redemption of units of equity mutual funds, but at different level. Can both jointly purchase one ...

The tax authorities use a risk management strategy (RMS) to flag high-risk non-filers, said the department.  This system ...

ITR filing: The zero-tax income threshold has been increased from Rs 7 lakh to Rs 12 lakh. The important question in the minds of taxpayers is: do they still have to file their income tax returns ...

Form 16 is a crucial document for salaried employees in India, particularly as the income tax return (ITR) filing season for ...

In India, taxpayers can choose between the old ... All depends on how the ITR utility is configured," said Balwant Jain. Even after the due date, you can revise a return and change the tax regime ...