While senior citizens enjoy a higher exemption limit, many are unaware of several tax-saving provisions specifically designed ...

The income tax department has released new excel and online utilities for ITR-1 and ITR-4. However, in the new excel ...

Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is ...

Salaried taxpayers can switch to the old tax regime if they believe that this would lead to higher tax savings even if they ...

Salaried taxpayers opting for the old tax regime must now follow a revised ITR filing process for FY 2024-25. Merely using ...

If you have multiple sources of income, diligently track, classify and reconcile them for taxes. Choose the correct ITR form, ...

Taxpayers should verify Form 16 details before filing their return and complete the e-verification process to avoid penalties ...

If you want to claim income tax (I-T) deductions which you are entitled to by virtue of investments in the tax-saving ...

Know the changes in the income tax return forms, select the correct form, and ensure that you have tax-saving proofs in place ...

Many taxpayers fall for common income tax myths that can lead to costly mistakes. Here are some important factors to know for error-free ITR filing.

Common Offline Utilities (JavaScript-based/JSON utility) are built on the latest system architecture adopted by the Income Tax Department. These utilities allow full offline return preparation while ...

The Income Tax Department will process pending ITRs for AY 2023-24 (FY 2022-23) by November 30, 2025, potentially leading to ...