Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...
Income Tax Refund Status, Risk Management for AY 2025-26 Explained: The messages and e-mails from the Income Tax Department, ...
If your Income Tax Return (ITR) is not processed by 31 December 2026, or within the prescribed deadline for earlier ...
The IRS announced updated inflation adjustments for the 2026 tax year, including new federal tax brackets and higher standard ...
Several taxpayers have complained that they have received an email and/or SMS from the income tax department saying that ...
Many salaried taxpayers are still waiting for their income tax refunds, and for a growing number of cases, the delay has nothing to do with processing backlogs alone. According to the Income Tax ...
People who are looking to file their ITRs for the financial year ended 2024-25 or the assessment year 2025-26 will have to ...
Failure by an ROR to disclose, or incorrect disclosure of, foreign income and/or assets may attract these tax and penalty ...