Late filing fee: Under Section 234F, a late fee of up to Rs 5,000 may be levied for belated ITRs (ITR filed after original ...

Think the new tax regime killed all deductions? Think again. From ₹50,000 standard deduction to NPS and health insurance benefits, 10 ways to still save tax in AY 2025–26.

The ITR filing deadline for FY 2024-25 is September 15, 2025, with no expected extensions. Check out this ultimate guide on ...

Seniors 65+ may benefit from a $6,000 tax deduction in 2025 under the OBBBA, easing financial pressure on retirees.

The IRS says goodbye to the summer by adding a new form, Schedule 1-A, to make it simpler for Americans to access deductions in their 2025 tax filings. For the first time ever, emp ...

The last date to file Income Tax Returns (ITR) is tomorrow. Taxpayers following the old tax regime should carefully check all ...

ITR Income Tax Return Filing Deadline Last Date ITR Tax Filing Live Updates: With increasing demands for extending the ...

There are three main criticisms of the proposed tax reform. First, it is not directed at meeting the medium to longer-term ...

The 'Big Beautiful Bill' signed by President Trump in 2025 promises tax relief for Americans, but a closer look reveals significant disparities. While the wealthiest stand to gain the most, middle and ...

The trick involves Section 80CCD(1B) of the Income Tax Act, which allows an additional ₹50,000 deduction exclusively for ...

The Income Tax Act provides taxpayers the choice of making a selection between the old and new regimes, yet the selection ...

CBDT had extended the original deadline of July 31 to 15 2025. Now experts and taxpayers are asking whether the Income Tax ...