The ITR is a declaration of one's income to be used for showing the taxes tat have to be paid during a financial year.

File your updated ITR-U for AY 2023-24 by March 31, 2025, to save on additional tax! Filing before the deadline incurs a 25% ...

The Central Government and Income Tax Department fixed the income limit for all the people in the country. People earning more than the income limit have to pay tax on their share of income. The ...

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

Many people believe that if their income falls below the taxable limit, filing an Income Tax Return (ITR) is unnecessary.

The Income Tax Return submission for assessment year 2025-26 will open on April 1 2025. Earnings-based employees ...

In the current assessment year (2024-25) till February 28, around 464,000 updated ITRs have been filed and taxes of Rs 431.20 ...

While the old tax regime promotes savings through tax benefits, the new one is simpler, involves less paperwork and reduces ...

Donations made to the Shri Ram Janmabhoomi Teerth Kshetra Trust qualify for tax deductions under Section 80G of the Income ...

Salaried individuals have two options when filing their Income Tax Return (ITR): the old or the new tax regime. Each has its ...

I have potential new clients reach out who have not filed income taxes for several years. For some reason they have come to ...

Life insurance plans offer more than just financial security for your loved ones, they also provide important tax benefits.