News

India's tax administration sees exponential growth in taxpayer refunds, outpacing tax collections, thanks to digital ...
If you've filed and e-verified your ITR but haven’t received the refund within 4–5 weeks, you can check the status under ...
Many individuals, unaware of the correct ITR form for their income sources, inadvertently submit ITR-1 despite having capital gains, foreign income, or professional earnings—none of which are ...
With the income tax filing season underway, taxpayers should take note that the average number of days for processing of refunds has come down significantly over the years, even as the value of ...
Your children are too young to legally own real estate in their own names, so some kind of guardian or trustee would need to ...
He argues that India’s low digital tax participation is a blind spot, despite advancements making the system smarter. Yet, convenience hasn’t kept pace. Filing taxes is still viewed as a one-off chore ...
Submitted your income tax return (ITR) for the fiscal year 2023-24 and awaiting your refund? You can know about your tax refund status on the income tax e-filing portal, incometax.gov.in.
Overall, the tax department estimates that the state is owed $3 billion in unpaid taxes including three different categories: ...
The "Big Beautiful Bill" did not actually eliminate taxes on tips, overtime, or Social Security, but many people will be able ...
The Income Tax department extended the ITR filing deadline to September 15, 2025. Taxpayers can now pay direct taxes through ...
Income tax return (ITR) filing for Assessment Year (AY) 2025–26 began at the end of May 2025. Over 75 lakh ITRs have been ...