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If you’ve chosen the concessional tax regime or want to claim certain exemptions then you still need to file your return and ...
Income below Rs 5 lakh incurs a Rs 1,000 penalty, while incomes over Rs 5 lakh may result in penalties up to Rs 5,000.
ITR Filing Deadline 2025: The most common question taxpayers have on their minds every year during the tax filing season is: what is the last date to file ITR? This is because the taxpayers ...
Trends from previous years indicate that the last date to file ITR will be July 31. The I-T Department has streamlined the refund process extensively in recent years with most people now receiving ...
Form 16 is a crucial document for salaried taxpayers. It contains details of salary income and tax deducted at source (TDS).
If you want to file smoothly, avoid errors, and potentially save on taxes, here are some essential tips you should know ...
Non-salaried individuals with no interest income and only capital gains can file an early ITR, but only if they didn’t sell a capital asset in the last quarter of 2024-25, as this will most ...
The Bureau of Internal Revenue (BIR) saw a 22.5 percent increase in the number of taxpayers who filed for their annual income tax return (ITR), according to its top official. “The turnout of the last ...