The ITR filing deadline for F&O traders will depend on whether the taxpayer is liable for a tax audit. If a tax audit is ...

CBDT has notified revised ITR-2 for AY 2026-27 with changes to capital gains, buy-back reporting, disclosures, due dates and filing ...

The new tax regime features lower rates with fewer deductions, leading many salaried taxpayers to think they can't reduce tax ...

The new tax regime is now default for taxpayers, allowing salaried individuals to choose annually between old and new options. Business income earners face restrictions. Here are the rules that apply ...

ITR filing FY 2025-26: The two regimes differ fundamentally in structure. The new tax regime offers lower slab rates but largely eliminates exemptions and deductions. The old tax regime, in contrast, ...

Understand the Deductions Available and Those No Longer Allowed Under the New Income Tax Regime As taxpayers prepare to file ...

Under the revised ITR forms, taxpayers can now report two addresses instead of one, allowing those who maintain multiple ...

ITR filing AY 2026-27: Confused about the tax treatment of your employer's NPS contribution? Before filing your ITR for AY ...

Only salaried taxpayers get a chance to change their tax regime every year. For business individuals and professional income, taxpayers can change their tax regime only once in a lifetime.

Income Tax Return filing is beneficial even for those below the exemption limit as it serves as income proof for loans and ...

Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contributions to NPS and EPF, a standard deduction of Rs 75,000, and ...