Anonymous: Sir, I'm unemployed & for trading my parents gave me Rs 5.8 lakh and I've made a loss of Rs 2.52 lakh, since money ...

Proceedings for adjustment of refund to outstanding demand u/s 245 (1) of the Income tax Act, 1961 are pending. Proceedings ...

Picking the correct Income Tax Return form is key. Salaried folks making up to ₹50 lakh a year can use ITR-1. This includes ...

Budget 2025 has brought about changes to Ulips, tax on NPS Vatsalaya and for filing of updated income tax returns. Read our ...

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

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

To benefit from this revision, individuals must simply file their ITR; no additional formalities are required.

India's Defence Research and Development Organisation (DRDO) has conducted additional flight trials of its very-short-range ...

Eknath Wagh's journey highlights systemic challenges in accessing education for marginalized students in India.

While social media is buoyed over Sitharaman's announcements, a question everyone is asking on the internet: Do we still need to file an Income Tax Return (ITR) even if our taxable income is zero?