Contrary to common belief, filing an Income Tax Return (ITR) is not only for those who have tax to pay. Even in FY 2025–26, submitting a nil return can offer several practical advantages, especially ...

Filing ITR is not only about paying tax, but also about creating an official record of your income. In today’s digital system ...

Many taxpayers assume that if their income falls below the taxable limit, filing an Income Tax Return (ITR) is unnecessary.

ITR Filing: Even in the absence of any tax liability, filing an Income Tax Return (ITR) is extremely important. It facilitates TDS refunds and aids in securing loans and visas. Let’s explore the ...

If your income is low and your taxes come to zero, you might think filing an ITR is not needed. But skipping it could mean missing out on some useful benefits that go beyond just paying tax.

Income-tax-return: Get the latest Income-tax-return news, photos, videos, and podcasts. Explore more for Income-tax-return breaking news, opinions, special reports, and more on mint.

New income tax rules: Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing the 1961 act. Expect revised TDS/TCS rules, updated ITR filing deadlines, ...

India’s income tax landscape is set for a major shift from April 1, 2026, with new rules impacting how salaried individuals claim exemptions and file returns. From tighter HRA compliance to the ...

The updated ITR forms include dedicated sections aligned with presumptive taxation rules under Sections 44B, 44BB, 44BBA, ...

New Delhi: Taxpayers have received a major relief regarding Long Term Capital Gains (LTCG) from the stock market. The ...

Indians holding overseas pension accounts will have to change the way they file income tax returns. New income tax return ...

In India, asset transfers are subject to capital gains tax in the year of transfer, with mandatory reporting in ITR-2 or ...