Most of the income tax changes announced in July 2024 will affect tax deductions and exemptions that can be claimed while filing an income tax return (ITR) in July 2025. ET Wealth Online has listed 15 ...

Discover how to earn tax-free interest income through investments. Understand the rules and benefits of tax-exempt interest ...

The Income Tax Department is sending notices to people in a hurry. These notices are being sent through email and SMS. The ...

A belated return refers to the income tax return that is filed after the deadline, that is July 31 of a given assessment year ...

A million tax filers will soon get a letter from the IRS indicating they have money coming to them because they were eligible to receive the 2021 Recovery Rebate Credit but didn’t claim it on their ...

Public Provident Fund (PPF) is a government-backed investment option that offers tax exemption during investment, interest ...

The court observed that recent changes to the Income Tax Department’s utility software prevented eligible taxpayers from ...

The National Board of Revenue (NBR) has again extended the deadline for filing of tax returns by individual taxpayers by a ...

The IRS Direct File program, which lets you prepare and file your federal return for free, is expanding to 24 states for the ...

A law that makes overtime for hourly workers free of state income tax is set to expire in June. Some lawmakers are unsure ...

Minister of State for Finance Pankaj Chaudhary said there is an increase in filing ITR with over 8.09 crore income tax ...