More than 9 crore people have filed their income tax returns (ITR) for the financial year 2025 (as of February 28), according ...

The Income Tax Department can send you a notice due to wrong information or incomplete information in the ITR, but if you ...

What is ITR-U and How Can It Help You? Filing Income Tax Returns (ITR) correctly and on time is crucial to avoid penalties ...

Form 16 is a certificate provided by an employer to employees, which includes the details of the employee’s salary and the ...

ITR-U: Requires paying additional tax (25–50% of dues, depending on filing timeline). No separate penalties, but interest may ...

The tax authorities use a risk management strategy (RMS) to flag high-risk non-filers, said the department.  This system ...

You can switch between the old and new tax regimes every year if your income comes from salary, interest, or rent ...

Don’t let last-minute tax filing cost you money! From choosing the wrong ITR form to missing deductions, here are the biggest ...

Out of these taxpayers, those whose income is between ₹ 1-5 crore is a whopping 3.89 lakh, while those with income between ₹ ...

Form 16 is a crucial document for salaried employees in India, particularly as the income tax return (ITR) filing season for ...

Salaried taxpayers claiming HRA exemption in their ITR must provide their landlord’s PAN if annual rent exceeds Rs 1 lakh.

More than 9 crore people have filed their income tax returns (ITR) for the financial year 2025 (as of February 28), according to latest data from the Income Tax Department. Among them, over 4 lakh ...