The Income Tax Department has released ITR-2 and ITR-3 Excel utilities for FY 2024-25, enabling taxpayers with capital gains ...

For the Financial Year 2025-26, if your annual income is Rs 12,89,000, marginal tax relief will apply for you. But will you ...

ITR form selection is vital for tax returns. ITR-1 suits salaried individuals with income up to ₹50 lakh, whereas ITR-2 ...

The Income Tax Department now allows online filing of Form ITR-B for taxpayers served notices under Section 158BC, linked to ...

Direct taxes, which include corporate and personal tax, grew 3.2 percent to Rs 6.6 trillion on a gross basis during the ...

The Income Tax Department has released software utilities for ITR-1, ITR-2, ITR-3 and ITR-4, enabling income tax return filing for FY 2024-25 (AY 2025-26). This year, the ITR forms underwent various ...

In India, if relatives, friends, or charitable trusts present you with money to meet some of the medical or hospital expenses ...

The Indian government's net direct tax collection fell 1.3% year-on-year to 5.6 trillion rupees during the April 1-July 10 ...

The Income Tax Department on Friday (July 11) launched the excel utilities for ITR-2 and ITR-3 for assessment year (AY) ...

Taxpayers will see a number of new credits and deductions when they file their taxes in 2026. Here’s when other “big ...

A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...

Wisconsin ranks 33rd in mean household disposable income and 30th in mean household personal income, according to new numbers ...