While some groups in India, including those earning below certain thresholds, receive relief under existing ITR laws, the ...

Under the Income Tax Act, persons from 60 years to less than 80 years of age are considered senior citizens. Apart from this, ...

The Income Tax Department is expected to soon release the online ITR forms, which will officially open the e-filing process.

However, the process is yet to commence, as the Income Tax Department has not officially notified the ITR forms required to ...

The time to file your income tax return (ITR) for the financial year 2024-25 is almost here. The Income Tax Department is ...

You can switch between the old and new tax regimes only if you file your ITR on or before the due date. If you miss the ...

As the new assessment year 2025-26 gets underway, people across the country especially salaried taxpayers are preparing to ...

The promise of nine years’ tax certainty and a ‘rational and pragmatic’ government process makes APAs a no-brainer, Indian ...

As the Income Tax Return (ITR) filing season for Assessment Year (AY) 2025-26 approaches, taxpayers are gearing up to meet ...

Adding further, many senior citizens mistakenly assume that filing returns isnt necessary if tax is already deducted at source (TDS) on their income. However, this is incorrect.

The Income Tax Department usually notifies the ITR forms in a phased manner starting in April. The tax authorities will soon ...

You must abide by specific tax regulations for Virtual Digital Assets (VDAs), which include NFTs and cryptocurrencies, in ...