Changes were made in the July Budget to reduce the complexity of the capital gains tax calculations and give some income tax ...

Budget 2025 extends the period for filing updated income tax returns from 24 months to 48 months. Taxpayers will now face ...

One might have incurred some losses while selling assets, securities or properties in India. Such losses can be carried forward to future years which will help in reducing future tax liabilities. To ...

Salaried individuals with an annual income of up to Rs 12.75 lakh will have zero tax liability under the new tax regime. But ...

The Union Budget 2025-26, which Prime Minister Narendra Modi said was designed for the common man, gave relief to the middle ...

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through the tax rebate than changing the tax slabs. This is because to get this tax ...

Y ou should file the tax return by July 31, 2025 if you have earned taxable income in India during the current financial year ...

Completing tax return without Form 16 can be confusing. Here is how you can easily file it when you don't have one.

Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...

In addition to tax cuts, there is a desire for simplification of the tax filing process. Taxpayers have been requesting ...