Although inflation has ebbed, taxpayers will continue to enjoy inflation adjustments to their 2025 taxes — even though it’s ...

I submitted the tax audit report for AY 2024-25 within the prescribed due date, but missed the deadline for filing the ITR.

Taxpayers requiring an audit must also submit a tax audit report before filing their ITR. This report includes critical ...

If a taxpayer fails to meet the November 15, 2024 deadline for filing their ITR, they can still choose to submit a belated ...

Income tax liability on salaried individuals earning less than Rs 20 lakh a year, broadly described as middle class, has fell ...

Discover smart tax-saving strategies for the upcoming year. Learn how to maximize your deductions, minimize your tax burden, ...

The CBDT asked I-T investigation agencies to compile data on properties with Completion or Occupation Certificates for ...

The Finance Ministry has established 22 specialised sub-committees to examine various aspects of the Income Tax Act, with an ...

Source: The College Investor Key Points ・Average Tax Refunds Increase: In 2022, tax refunds hit their highest point in years, ...

In an era when market-linked investment options provide double-digit annualised return, investment in Public Provident ... to ...

Tax experts advise a 'wait-and-see' approach to planning when it comes to Trump's campaign promise to eliminate taxes on ...

India's high-income earners have grown dramatically, with over 9.39 lakh individuals declaring an income exceeding Rs 50 lakh ...