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

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

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 ...

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

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

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

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 ...

Filing the return within the prescribed due date remains the best way to avoid unnecessary costs and compliance hassles.

Taxpayers should retain adequate documentation to substantiate the gift, including a gift deed, proof of the donor's identity ...