New income tax rules for 2025 bring welcome changes. Salaried individuals earning up to Rs 12.75 lakh will pay no tax. TDS ...

The number of individuals declaring annual income of over ₹1 crore has increased sharply in India, even as the overall base ...

From higher tax-free income thresholds and relaxed TDS norms to a longer window for correcting past returns, the measures ...

India’s economic footprint extends far beyond its borders. Millions of Indians living abroad continue to hold property, ...

The number of revised and updated ITRs reflects a sharp rise in voluntary tax compliance under its behavioural 'NUDGE' ...

Tax Department alerts flag ITR deduction mismatches, mainly for salaried staff and large donations, causing confusion and ...

AY structure with a unified Tax Year under the new law. The key takeaway is simpler compliance, clearer timelines, and fewer filing errors without changing core tax ...

New York families can claim a $1,000 child tax credit in 2026 for kids under four. Single parents earning under $75,000 ...

In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank ...

Did you also file your income tax return (ITR) on time, but haven't received your refund yet? If you are one of the millions ...

Taxpayers who have identified errors in their income tax returns for the 2024-25 financial year can still file a revised ITR ...

So far, there has been no official communication from the government or the Income Tax Department announcing any extension of ...