Tax breaks on overtime pay and tipped earnings passed the House on May 22, 2025, as part of the “One Big Beautiful Bill Act” (H.R. 1). The ...

Finance Minister Nirmala Sitharaman introduced new income tax regime changes in Budget 2025, featuring revised tax slabs for ...

The Income Tax department on Tuesday extended the due date for filing ITRs for Assessment Year (AY) 2025-26 to September 15 from July 31. The extension applies to individuals, HUFs and entities who do ...

Usually, the ITR forms are notified before the end of the fiscal year, mostly around January or February of the year.

Filing your ITR without understanding key provisions can cost you dearly. A salaried taxpayer in Mumbai learned this the hard ...

The income tax filing window for the Assessment Year 2025–26 is now open, with the Central Board of Direct Taxes (CBDT) ...

“1 That the learned Commissioner of Income Tax (Appeals). National Faceless Appeal Centre (NFAC), Delhi has erred both in law and on facts in upholding the determination of income of the appellant by ...

Can you still keep investing in NPS after becoming a non-resident Indian or an overseas citizen of India? What are the ...