Refunds issued to taxpayers have risen from Rs 83,008 crore in FY14 to Rs 4.76 lakh crore in FY25. Politics
Senior citizens need to choose their ITR forms depending on their income sources. Politics
As Indian taxpayers gear up to file their income tax returns (ITR) for the financial year 2024-25 (FY25), they must start consolidating all their financial transaction reports. This will help them to... Politics
A Delhi special court on Saturday declared UK-based arms dealer Sanjay Bhandari a Fugitive Economic Offender under the Fugitive Economic Offenders (FEO) Act, in connection with an income tax case... Economics
Filing income tax returns requires attention to detail to avoid penalties and defects. Choosing the right tax regime, verifying forms like 26AS and 16, and e-verifying returns are crucial steps. Economics
After a series of income tax concessions earlier this year, the Centre is now preparing to extend relief to middle and lower-income households in the form of a reduction in Goods and Services Tax... Politics
New ITR-1 and ITR-4 forms now require detailed documentation for deductions and claims, promoting transparency and accuracy. Politics
