Taxpayers, take note! The Income Tax Department has officially released ITR forms 1 to 5 for Assessment Year 2025-26. Here’s ...

On April 29, the government introduced ITR Forms 1 and 4 for the assessment year 2025–26, aiming to simplify the tax filing ...

Taxpayers contemplating hiking rent paid to parents to maximise tax benefits need to be cognisant of the fact that ...

Pay Advance Tax, if Required – If the total tax liability exceeds Rs. 10,000 (after considering deductions and rebates), the ...

Are you planning to shift from old to new tax regime during actual ITR filing this fiscal? keep the following things in mind.

If you do not choose the tax regime thoughtfully and state it in the investment declaration to the employer, higher TDS may ...

It is essential to inform your employer of your preferred tax regime on time to ensure that less tax is deducted from your salary for the 2025-26 financial year. Read on to know what will happen if ...

In the new financial year, taxpayers are gearing up to file their income tax returns (ITRs) for FY2024-25 (Assessment Year 2025-26). At the same time, these taxpayers do their math to check how ...

Notably, the new income tax regime was introduced by Finance Minister Nirmala Sitharaman in Budget 2025 as an optional tax regime, effective from FY 2024-25. Old Vs New Tax Regime: Can Taxpayers ...

A Inter head STCL can be set off from LTCG LTCL cannot be set off from STCG B Intra head STCL can be set off from STCG LTCL can be set off from LTCG 19 Article link ...