One key reason to file your ITR, even if you have no taxable income, is the ability to carry forward capital losses for future tax benefits.…
Browsing: Income
The full retirement age (FRA) for Social Security benefits in the United States will increase to 67 starting in 2026, affecting millions of Americans planning their…
The national payments corporation of India, NPCI, has introduced a new facility for real-time PAN and bank account validation on the Income Tax department’s e-filing website.…
ITR filing: Understanding the appropriate tax filing requirements is essential for freelancers. (AI image) Income Tax Return (ITR) e-filing FY 2024-25: ITR filing may be relatively…
This is an AI-generated image, used for representational purposes only. India has surged ahead in global GDP rankings over the past decade, but its per capita…
Capital gains from sale of mutual funds (MFs) are taxable In India, under both the old and new income tax regimes. (AI image) Income Tax Return…
Finance ministry reported a significant 45% increase in foreign asset and income disclosures (ANI) New Delhi: The finance ministry on Friday said there was a substantial…
ITR filing FY 2024-25: Pre-filling of ITR forms has several advantages. (AI image) Income Tax Return Filing FY 2024-25: The Income Tax Department has been aiming…
The new income tax regime offers lower tax rates and higher standard deduction compared to the old tax regime. (AI image) ITR filing FY 2024-25 (AY…
Tax Deducted at Source or TDS is the tax that is deducted before making a payment to the recipient. (AI image) ITR filing FY 2024-25: It’s…