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

In Budget 2025, the Finance Minister has given a big relief to the taxpayers by increasing the level of zero income tax liability from Rs 7 lakh to Rs 12 lakh. These changes will be applicable from ...

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

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

This type of income tax notice is coming soon to these identified persons relating to AY 2019-20, 2020- 21 and 2021-22; Know ...

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 ...

It is always advisable for taxpayers to file their ITRs at the earliest to avoid last-minute rushes, which may lead to errors ...

Don’t let last-minute tax filing cost you money! From choosing the wrong ITR form to missing deductions, here are the biggest ...

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 ...