The Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, ...

The Income Tax Department has set different ITR filing deadlines for AY 2026-27 based on income source and audit status. Key ...

Taxpayers who miss the original ITR filing deadline can still submit their returns, but they may have to pay a late filing ...

Taxpayers may need to furnish additional details on donations, business expenses, investments and revised returns as the Income Tax Department expands disclosure requirements.

Taxpayers should rely primarily on Form 26AS and AIS, as these reflect TDS entries reported and processed by the tax ...

The guide explains the FY 2025-26 tax slabs, enhanced rebate benefits, and key filing requirements under the default new tax regime. The takeaway is that accurate reporting and document verification ...

The Strait of Hormuz closure has been responsible for global crude oil prices surging and resulting in an economic shock for ...

Check out 5 key benefits of filing Income Tax Returns even if your tax liability is zero.

Section 87A tax relief to resident individuals whose total income is less than the prescribed limits. How does it work? The ...

Any taxpayer who does not have any income taxable under the head “Profits and gains of Business or Profession” can switch ...

Form 16, divided into Part A and Part B, is essential for salaried employees to prove tax deductions from their salary. Part ...

Indian freelancers and gig workers must use ITR 3 or ITR 4, pay advance tax, assess presumptive tax, track GST, claim only ...