This means if you chose the new tax regime last year, you can switch to the old one this year. However, you must decide before the ITR filing deadline (July 31, 2025). According to the Income Tax ...

ITR filing: The zero-tax income threshold has been increased from Rs 7 lakh to Rs 12 lakh. The important question in the minds of taxpayers is: do they still have to file their income tax returns ...

To avail of this benefit, taxpayers simply need to file their Income Tax Return (ITR) as usual — no additional steps are required. Previously, individuals earning Rs 12 lakh per year would ...

(Freepik) One of the primary concerns generated by the release of the new Income Tax Bill 2025 is whether late filers will be entitled to refunds when filing their Income Tax Return (ITR ...

(Mint) The introduction of the Income Tax Bill 2025 in the Lok Sabha sparked concerns among taxpayers about their eligibility for refunds if they file their Income Tax Return (ITR) after the due date.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

The deadline for filing updated income tax returns (ITR-U) for the financial years 2021-22 (FY22) and 2022-23 (FY23) is fast approaching. Taxpayers who missed reporting income, made errors in their ...

Starting next FY, those with an annual income of up to Rs 4 lakh will typically not be required to pay any taxes, nor will they be required to file an income tax return (ITR). However, will those ...

Experts pointed out that the new income tax bill proposed for FY2026-27 would require taxpayers to file their ITR by the due date to claim refunds, unlike the current I-T rules, which allowed for ...

At close: March 11 at 3:59:59 PM EDT Loading Chart for ITR.V ...