The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income.

Open the utility and click Continue to proceed. Select your Residential status (choose Resident/Non-Resident accordingly) ...

TDS on dividend income is deducted if the total dividend payable by a company in a financial year exceeds Rs. 5,000.

The process of filing ITR for FY 2024-2025 has become more complex due to changes in the capital gains tax laws and income ...

Failing to file your income tax return (ITR) on time can lead to penalties, interest charges and loss of tax benefits.

Aug. 5 -- breaking 10,202 individual taxpayers filed their income tax returns online on the very first day of the e-return filing process for the fiscal year 2025-26, the National Board of Revenue ...

The government has made the new tax regime the default from the financial year 2023-24, that is, if you do not choose ...

With IRS enforcement on the rise, self-employed truck drivers face growing financial and legal risks from unfiled returns and ...

You can either verify your returns electronically or download the ITR-V (acknowledgment) form, sign it, and send a physical ...

Online TurboTax products are also free if you’re an active-duty or reserve member of the U.S. military. If you get a W-2 from the Defense Finance Accounting Service (DFAS), you qualify for free ...

TaxBuddy leverages artificial intelligence (AI) and the human experience to make tax filing simple, accessible, and ...

If your total income is below the basic exemption limit, Rs 2.5 lakh under the old tax regime or Rs 3 lakh under the new one, ...