Tax filing News

Section 80C lets you claim a deduction of up to ₹1.5 lakh on your taxable income. This deduction isn’t only for investments—it also covers some expenses.

Tax authorities will be able to make a forced entry into your premises upon detecting suspicious activitiy under applicable law. Besides, they can also access computer systems, emails or social media accounts over suspected tax evasion.

Income Tax Return 2025: Filing ITR 2025 keeps a record of an individual's income and tax payments and helps in obtaining loans, applying for visas, and conducting other financial transactions in the future. 

Union Budget 2023-24 will be presented on Feb 1. Taxpayers will also have an eye on the budget, scroll down for the direct link and detailed procedure to calculate Income Tax

Everyone is thinking about "how to submit income tax," thus we are providing you with a straightforward income tax calculator, scroll down for the direct link and steps to calculate Income Tax

So in case, if you plan to avail benefit under section 80 (D), you need to avoid paying in cash your health insurance premium.

Key things you should keep in mind for filing your ITR.

Tax returns for fiscal 2016-17 (assessment year 2017-18) were originally to be filed by 31 July. But in view of the reports that the e-filing website was facing glitches, the deadline has been extended to August 5.

Key things you should keep in mind for filing your ITR.

The Supreme Court on Thursday reserved its order on whether to make Aadhaar mandatory for getting a Permanent Account Number (PAN) and to file tax returns.

Central Board of Direct Taxes (CBDT) on Wednesday issued strict warning to assessees who are trying to misuse the provision of revising I-T returns. 

Tax returns for 2015-16 (assessment year 2016-17) were originally to be filed by July 31. But in view of the day-long strike at public sector banks, the deadline has been extended to August 5.

Apart from facilitating filings, some portals also suggest possible investment opportunities for the users to save on their tax liabilities.

Finance Minister Arun Jaitley today said the NDA government has done more work to fish out black money than any other previous government in a short span of two years and all efforts are afoot to book those who have not taken advantage of the disclosure scheme.

Reserve Bank of India Governor Raghuram Rajan has said he finds it easier to file his tax returns in India, as compared to the US.

Forms 15G and 15H are filed by persons whose incomes are below the taxable threshold, to seek exemption from TDS on interest income.

The Central Board of Direct Taxes (CBDT) has notified tax returns forms for non-salaried class, including companies, partners in firms and individuals deriving their income from proprietary business or profession for 2015-16.