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

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

The Income Tax Department can send you a notice due to wrong information or incomplete information in the ITR, but if you ...

Many NRIs using Double Taxation Avoidance Agreement (DTAA) are getting Income Tax notices for claiming benefit of lower or ...

Unsure whether to opt for the new or old tax regime while filing your ITR? Your decision should be based on factors like ...

ITR-U: Requires paying additional tax (25–50% of dues, depending on filing timeline). No separate penalties, but interest may ...

Out of these taxpayers, those whose income is between ₹ 1-5 crore is a whopping 3.89 lakh, while those with income between ₹ ...

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

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

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

The old tax systems Section 80C tax-saving options are still available for a few weeks of the fiscal year hence taxpayers ...