Many taxpayers wrongly believe that they won’t get an income tax refund if they miss the July 31 deadline and file a belated ...

Belated ITR filers should also be aware of penalties and charges. Section 234F imposes a late fee of Rs 5,000 (Rs 1,000 if ...

Waiting months for your income tax refund? The government may owe you interest. Learn when you qualify for this interest, ...

A: Some lawyers recommend that you use your Social Security number for a revocable trust, while other lawyers suggest that ...

India will roll out freshly designed income-tax return forms under the new Income Tax Act, 2025, with the Finance Ministry ...

TCS on international tour packages is collected upfront by travel operators and can be claimed as a credit against your ...

The Income Tax Department will release outstanding tax refunds by December, said CBDT chief Ravi Agrawal. "We have analysed ...

New Income Tax Return forms and rules will be notified by January. These changes will be effective from April 1, 2026, ...

Freelancers often overlook that tax rules apply even to small or irregular income streams. Understanding turnover limits, presumptive schemes, and tax regime thresholds helps determine whether an ...

Confused by India's 30% crypto tax? Our guide provides 7 smart, legal strategies to reduce your tax liability. Learn about ...

Many people aim to write checks to their favorite charities sometime before Dec. 31, as part of year-end giving. Yet, key tax ...