From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...
The deadline to file income tax return (ITR) for FY 2024–25 (AY 2025–26) for individuals who are not required to get their accounts audited is September 15, 2025. The earlier deadline was July 31, ...
Income Tax ITR filing due date extension: The Centre has increased the due date to file income tax return (ITR) for taxpayers after the official portal experienced severe glitches over three days, ...
If you stay outside India for more than 182 days, you can't use ITR Form 1. It is not a question of being a resident or a non ...
India's tax system is progressing towards automated Income Tax Return filing with pre-filled forms and consolidated financial ...
If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and effort.
With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or reporting errors may think they have no option left. That is not true.
Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...
For many Indians returning home after extended periods overseas, one recurring tax-season question is whether they can file their income tax return using ITR-1 if they have spent more than 182 days ...
These can increase your tax liability and also result in penalties, fines and notices from the tax department.