EPFO has centralized its member database for faster and smoother service delivery. Annual interest for FY 2025-2026 will be ...

ITR filing FY 2025-26: The deadline to file ITR for salaried taxpayers is July 31, 2026. In case you are confused about what ...

Notice pay reimbursement is taxed as salary. Cannot deduct notice pay from taxable salary in ITR. Current tax laws don't allow this deduction. Your new employer reimbursed your notice period pay and ...

The Income Tax (I-T) department has released an Excel utility for ITR-5, enabling taxpayers to file their return for the ...

The article explains how incorrect turnover reporting in ITR-3 can generate substantial tax demands and highlights the ...

As far as the cost of the redeveloped house being sold is concerned, the fair market value of the house on the date of possession will be taken as its cost for the purpose of computation of capital ...

A growing number of first-time crypto investors are entering the market from traditional investment avenues, making awareness ...

While salaried individuals generally do not need to maintain books of accounts, businesses and professionals crossing specified income are required to maintain books.

The article introduces an offline tax computation tool that calculates tax under both the old and new tax regimes, helping ...

Income tax refund is broadly calculated as the excess of taxes paid or credited over the final tax liability of the taxpayer ...

Bench differentiates between salaried and self-employed victims, bringing clarity to how courts should assess income while deciding compensation claims.

As the last date of filing ITR looms closer, it is important to be careful about certain key factors. These include choosing ...