The Income Tax department is working on new rules and forms under the Income-tax Act, 2025, which will be notified by ...

From April 2026, your ITR filing experience will be simpler, with pre-filled smart forms and a cleaner tax framework.

The last date for filing the Income Tax Return,, ITR) is approaching. If you are employed and are preparing to file ITR for ...

According to the Income Tax Department website, as many as 3,67,94,801 income tax returns (ITRs) have been filed as of August ...

Form 16 is a certificate issued by the employer to employees detailing information pertaining to TDS where form 26AS is a ...

On privacy concerns, Ramesh Narain Parbat, Member of CBDT clarified that existing safeguards remain intact. “No income tax ...

It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income received outside of a permanent salaried job.

The maximum credit is calculated as 35% of allowable expenses, up to $3,000 for a single child and $6,000 for two or more ...

There is an option for the estate to pay any income tax (at a flat rate of 35%) or the income can be passed through to the ...