Salaried taxpayers can choose between old and new tax regimes until the ITR deadline. Employers will apply the new regime if no preference is communicated, but the final choice rests with the taxpayer ...

If one incorrectly assumes that filing is not required, then one would be liable to face interest for delay in filing ITR and ...

Income Tax Returns 2025-26: The new tax regime may be more beneficial for those with fewer deductions and a preference for simpler compliance.

Taxpayers filing ITR-1 and ITR-2 must submit their returns by 31 July. Meanwhile, taxpayers filing ITR-3 or ITR-4 who are not ...

The impact of missing the ITR deadline is significantly greater for business and professional taxpayers than for salaried ...

Choosing the right tax regime can significantly reduce your tax outgo. Here's a comparison of the tax liability on a ₹25 lakh annual salary under both the new and old tax regimes, and when each one ...

A smooth ITR filing experience begins with preparation. Taxpayers should ensure these things and keep certain documents and ...

Get More information on Income Tax Return including breaking news and opinion. Check News articles, photos, videos of Income ...

Any taxpayer who does not have any income taxable under the head “Profits and gains of Business or Profession” can switch between old and new regime every year ...

The I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax return filing more important than ever.

Taxpayers filing income tax returns for AY 2026-27 can claim various deductions and exemptions depending on the tax regime they choose. Here's the complete list of tax benefits available under the old ...