Central Board of Direct Taxes (CBDT) has notified ITR-U (updated), a form that allows taxpayers to rectify errors or omissions and file your previous Income Tax Return. ITR (U) was introduced under ...
From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...
India's tax system is progressing towards automated Income Tax Return filing with pre-filled forms and consolidated financial ...
SBI Refund Enquiries: If the portal shows ‘Refund Paid’ but funds aren’t received, SBI is the official refund banker. Call ...
As per the Income Tax Department guidelines, it generally takes 4 weeks to 5 weeks to credit a refund to a taxpayers account.
If you stay outside India for more than 182 days, you can't use ITR Form 1. It is not a question of being a resident or a non ...
For many Indians returning home after extended periods overseas, one recurring tax-season question is whether they can file their income tax return using ITR-1 if they have spent more than 182 days ...
Budget 2026 may introduce optional joint ITR filing for married couples. Here’s what the proposal means, how tax slabs may change, and expert views from Sajal Goell and Nupur Gupta.
An income tax refund delay can be frustrating, especially when everything seems in order. From data mismatches to bank ...
his usually happens due to excess TDS, advance tax, or self-assessment tax. Once your return is processed by the Income Tax ...
Income from F&O trading, whether gains or losses, is required to be reported under the head “Profits and Gains of Business or ...