Under the new tax regime, individuals with annual income up to Rs 7 lakh can avail a rebate under Section 87A, meaning they ...

TDS, or Tax Deducted at Source, is a system designed to collect tax at the very point where income is generated.

When you file your Income Tax Return (ITR), you might notice that you’ve paid more tax than you actually owe. This could be ...

The season for filing income tax returns is around the corner, and the Income Tax Department is all set to kickstart the ...

As the deadline for issuing Form 16 approaches, many salaried individuals are preparing to file their Income Tax Returns (ITR ...

As per the Income Tax Department website, individuals with a taxable income and non-auditable accounts are required to submit ...

The income tax return form, by default, applies to the new regime. It inquires from the taxpayers whether they wish to come out under Section 115 BAC. Selecting 'Yes' transfers them to the old tax ...

To assist taxpayers prevent errors, the following factors are essential to keep in mind while submitting an Individual Tax ...

However, there’s a crucial caveat. This flexibility to change regimes is only available if the ITR is filed on or before the ...

Let's say you had earlier chosen the old tax regime, but now the new regime appears more beneficial after reviewing your ...

There can be several reasons behind receiving a notice despite an error-free ITR filing. Here's how to tackle the most common ...

Know when ITR filing for AY 2025–26 will begin, key dates like Form 16 issuance, refund timelines, and how to ensure faster ...