ITR-U offers a golden opportunity for taxpayers to rectify their tax affairs without waiting for a notice from the department ...

Still haven't filed your 2024 taxes? Here are the key questions to ask a tax pro before you make any other moves.

If an individual has deposited over Rs 50 lakh in a savings account or Rs 1 crore in a current account in a financial year, ...

Employers are required to issue Form 16 to employees by 15 June. This important document contains the record of taxes ...

It's best to get your tax return right the first time, but mistakes happen. When they do, it may be necessary to file an amended return. An amended return is a taxpayer's opportunity to receive ...

During a press briefing aboard Air Force One on June 6, U.S. President Donald Trump openly threatened Elon Musk after their public feud. Trump’s warning came after Musk fiercely attacked the ...

This year, the ITR forms were only announced at the end of April, and only two Excel-based utilities—ITR-1 and ITR-4—were ...

Following a two-month delay, the Income Tax Department launched ITR filing for AY 2025–26 on 30 May, with over 54,000 returns ...

Cost-of-living pressures are tipped to cause millions of Australians to lodge their tax returns early this year, but such a move could cost them in the long run.

While many Americans have already received their 2024 tax returns, others are only now getting their deposits or checks.

Before starting your income tax return, ensure you have key documents in hand. These include Form 16 from your employer, Form ...

Missing the federal tax filing deadline can lead to escalating financial penalties. If you haven't submitted your 2024 tax ...