When filing income tax returns for FY 2024-25 (AY 2025-26), salaried individuals, professionals, and pensioners must choose ...

Many investors — especially high-income ones living in high-tax states — benefit from owning state and local municipal bonds ...

New ITR forms simplify filing for individuals with LTCG up to ₹1.25 lakh, enhancing taxpayer services and compliance.

Different tax returns are prescribed for filing by individual taxpayers depending on their income and its source as well as ...

The Central Board of Direct Taxes (CBDT) has notified Income Tax Return (ITR) Forms 1 to 5 for Assessment Year (AY) 2025-26, ...

The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms ...

ITR-4: ITR-4 can be filed by a Resident Individual/ HUF/ Firm (other than LLP) who has income not exceeding ₹ 50 lakh during ...

Income Tax Department has simplified how taxpayers will file ITR returns. For the assessment year 2025-26, the forms ITR-1 ...

The Income Tax Department has introduced new ITR-1 and ITR-4 forms for FY 2024-25, simplifying tax filing for individuals ...

Salaried taxpayers and small investors can now file simpler Sahaj and Sugam forms if LTCG from listed securities is up to Rs ...

The CBDT has notified the ITR-2 form for FY2024-25, effective from April 1, 2025, which will be applicable to the majority of ...

Now, salaried individuals and those under presumptive taxation scheme, having long-term capital gains (LTCG) of up to Rs 1.25 ...