The deadline for filing income tax returns has been extended for the assessment year 2025-26 (financial year 2024-25) and the season to file taxes is officially here.

Listen to This Article A slew of tax changes, effective from July 23, 2024, has altered how your mutual fund gains will be taxed in Assessment Year (AY) 2025–26. From higher long-term capital gains ...

The income tax laws applicable for FY 2024-25 allow zero tax payable under the new tax regime if your net taxable income is under Rs 7 lakh. Just a heads up, last year, when you filed your ITR, the ...

India News: NEW DELHI: The Income Tax Appellate Tribunal Tuesday rejected an appeal from Congress against the I-T department for withdrawing a tax exemption to th.

The Congress party filed its income tax on February 2, 2019 and declared nil income after claiming a Rs 199.15 crore exemption under Section 13A of the Income Tax Act. However, this was filed after ...

In a shocker for the grand old Congress party, the Income Tax Appellate Tribunal (ITAT) has refused to grant exemption on income tax on donations worth ₹199 crore.

Facing errors in your Annual Information Statement (AIS) while filing ITR for AY 2025–26? You’re not alone. The income tax department has shared a step-by-step guide to help taxpayers submit ...

New Income Tax Bill Promises Easier Filing For Citizens, Big Relief For India’s MSMEs BJP MP Baijayant Panda said the new law, once passed, will simplify India’s decades-old tax structure, cut down ...

Amid a federal overhaul of student loan plans, many borrowers have been left wondering what it means for their hopes of loan forgiveness ...

A Greene County judge sentenced an Ozark woman, accused of causing a deadly crash in May of 2021.