WhatThe income tax return filing for FY 2024-25 (AY 2025-26) is upon us. However, many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is ...

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 Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their Income Tax Returns (ITR) for AY 2026-27. However, different ...

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

Income-tax returns: NRIs are subject to income-tax in India depending on their residential status. Here's a look at the applicable tax slabs, surcharge rate, rebate, and marginal relief that they can ...

Income Tax Department updates ITR forms for AY 2026-27, expanding disclosures for salaried taxpayers, traders and small businesses, with no change in tax slabs.

Taxpayers filing their income tax returns for Financial Year (FY) 2025-26 (Assessment Year 2026-27) will encounter several ...

Received your Form 16 and planning to file your ITR right away? Chartered accountant Nitin Kaushik cautions salaried ...

Retirement does not automatically exempt individuals from income tax filing, as pension income remains taxable in many cases. Pensioners may still need to file ITR based on income levels, tax regime ...

Investors should report the same transaction dates, quantities, sale value, and holding period that appear in their actual ...

Income Tax Return filing is beneficial even for those below the exemption limit as it serves as income proof for loans and visas. Learn about the new tax slabs, FY 2025-26 deadlines, and ITR form ...

Every year, thousands of NRIs either overpay tax — missing deductions theyre entitled to — or unknowingly skip filing ...