If you have chosen the old tax regime, ensure that your tax-saving investments under Sections 80C, 80D, 80G, and others are ...

As the financial year 2024-25 concludes, taxpayers face critical tax-related deadlines today, March 31, to avoid penalties ...

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 ...

The Updated Income Tax Return-Update (ITR-U) gives taxpayers the opportunity to voluntarily disclose undisclosed income or ...

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% ...

Comes to an end Today is March 31, and so is the last date for many income tax-related tasks. From filing an updated income ...

There are several benefits of independently filing ITRs on your own.(Reuters) 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.

New rules for ITR-U from April 1 ... the Income Tax Department continues to emphasize the benefits of filing before the March 31 deadline to take advantage of the lower additional tax rate ...

Form 10B is not just a routine form— it’s the gateway to exemption for charitable and religious institutions under the Income Tax Act. Trusts must maintain proper books of accounts and ensure timely ...

Many are talking about claiming a 2021 recovery rebate credit. But do you qualify? And what do you need to do to claim it?

Salaried people who have failed to pay advance tax on extra income also have an opportunity to correct the default.