ITR-6 and ITR-7 for Assessment Year (AY) 2025-26 have not yet been made available, leading to speculations that the CBDT may ...

Result: The new regime saves Rs. 9,360, enough for one EMI top-up before the next ITR filing start date. Tax = Rs. 18,500 + ...

Understand why ITR-2 and ITR-3 utilities are delayed for AY 2025-26, impacting taxpayers and professionals, due to policy ...

First-time income tax filers often make easily avoidable mistakes that can lead to refund delays or scrutiny. Common errors ...

The release of ITR-2 and ITR-3 utilities is delayed, affecting taxpayers like salaried professionals, HNIs, and freelancers ...

Wait for the updated form as schema is pending. Pay pending tax on capital gains to avoid interest under Sections 234B/C. For ...

Despite over 75 lakh income tax returns being filed and more than 71 lakh verified so far this year, the Income Tax ...

If a salaried person chooses the new tax regime for the financial year, they wont be able to claim most deductions. However, ...

Like every year, for AY 2025-26, taxpayers must choose between the new and old income tax regimes when filing ITR. The new ...

Filing your Income Tax Return (ITR) for AY 2025-26 without a Chartered Accountant? It's now easier than ever, thanks to ...

Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is necessary to calculate their tax liability. This is because the income tax slabs ...

Income tax slab for AY 2025-26: Finance Minister Nirmala Sitharaman's Budget 2024 modified income tax slabs, favouring the new tax regime. The old regime, with its deductions and exemptions, could ...