The changes effected in the Form 16 format will ensure that the information about different taxes, deductions and exemptions ...

Taxpayers now have two options for filing ITR. These include the Old Tax Regime and the New Tax Regime. If you use any of ...

ITR Filing The Income Tax Department will soon start the process of filing Income Tax Returns (ITR). Filing ITR on time will ...

A common problem people face while filing income tax returns (ITR) is mismatch between Form 16 and the Annual Information ...

Taxpayers will soon be able to file their income tax returns for the recently concluded financial year. The online portal is ...

The Income Tax Department is expected to soon release the online ITR forms, which will officially open the e-filing process.

E-filing window likely to open: April 2025 Form 16 issuance deadline: June 15, 2025 ITR filing deadline (for non-audit cases): July 31, 2025 Refund processing time: 7–20 days in most cases Taxpayers ...

You can switch between the old and new tax regimes only if you file your ITR on or before the due date. If you miss the ...

When you file your return, you declare your income, claim deductions, and report taxes already paid. The tax system compares your actual tax due with what you’ve already paid. If you've paid more, the ...

Indian taxpayers will soon be able to file their returns for FY25 via the official Income Tax Department website.