The new tax regime is now default for taxpayers, allowing salaried individuals to choose annually between old and new options ...
Tax filing mistakes often come to light only after a return is submitted, leading to refund delays, tax demands or compliance ...
As tax season begins, professionals are using AI tools like ChatGPT to simplify tax filing despite concerns over reliability.
Pensioners can file income tax returns even after retirement and are eligible for several tax deductions. Options for filing ...
AI systems may struggle with nuanced tax situations involving multiple income streams, international taxation and complex ...
Here's a look at the ITR filing deadline which is not July 31 for several types of taxpayers.
The Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their Income Tax Returns (ITR) for AY 2026-27. However, different ...
Filing the return within the prescribed due date remains the best way to avoid unnecessary costs and compliance hassles.
Taxpayers who missed filing income tax returns for previous years still have an opportunity to regularise their records ...
Every year, thousands of NRIs either overpay tax — missing deductions theyre entitled to — or unknowingly skip filing ...
Deductions like municipal taxes and the 30% standard deduction (for let-out property) are available under both old and new ...