Many taxpayers believe that filing an Income Tax Return (ITR) is unnecessary if their income falls below the taxable limit. However, financial experts say that even individuals with zero tax liability ...

For many taxpayers, in FY 2025-26, i.e. from 1 April 2025, to 31 March 2026, their income may fall below the taxable threshold due to deductions, rebates under Section 87A, or lower overall earnings ...