Reporting equity capital gains while filing income tax returns is complex due to mandatory scrip-wise disclosure (especially for shares bought before 31 January 2018) and new tax rates after 23 July ...

Taxpayers’ experience One media professional, Arun Prakash from Noida, received his tax refund within 4 hours of submitting ITR on the e-filing portal of the Income Tax Department.

Income Tax Filing: ITR-5 excel form now live – Who should opt for it? Details here The income tax department has activated ITR-5 for online filing, applicable to firms, LLPs, AOPs, and BOIs.

Income Tax Bill 2025: 3 major changes in ITR filing you might see next year On July 21, the Select Committee presented in Parliament its report, in which many important recommendations have been made.

Income tax e-filing portal shares several tax calculators to help taxpayers ascertain the exact amount of tax liability, ...

President Bola Ahmed Tinubu has announced the launch of a Personal Income Tax Calculator, which will enable Nigerians to ...

New Delhi, Aug 9 (IANS) The Income Tax Department on Saturday released the ITR-5 Excel Utility for Assessment Year 2024–25. This utility can be used ...

Income Tax Calculations: Taxpayers get the benefit of marginal relief when they file their income tax return (ITR). In the new tax regime applicable for the income earned in the financial year 2025-26 ...

It is worth mentioning that offline and online utilities of ITR-3 were released on July 30. Prior to this, online and excel ...

Income tax return 2025: Who is required to file ITR? Know when and why you must file your return–even if you think you owe no tax.

Pay 0 Tax on Rs 18.50 Lakh Income: The new tax regime for the financial year (FY 25-26) provides an opportunity for a salaried-class individual to pay 0 tax on up to Rs 12,75,000 income. But you may ...

The Income Tax Department has facilitated online ITR-3 filing for AY 2025-26, benefiting individuals with income from share trading, business ventures, and unlisted shares.