Tax refund is the amount the Income Tax Department repays to you when the total tax paid by you—through TDS, advance tax or ...

Speculation of a fourth stimulus check surfaced on social media and unverified websites, however, there has been no official ...

Discover the top 10 tax deductions you can claim in your ITR for FY 2024-25. Save more by using these smart tax-saving ...

For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

ITR form selection is vital for tax returns. ITR-1 suits salaried individuals with income up to ₹50 lakh, whereas ITR-2 ...

While income tax returns are being filed in full swing, taxpayers are increasingly turning to their smartphones to complete the process as quickly and conveniently as possible.

Ensure that you choose the right form, do not omit any source of income and claim deductions only if you can furnish proofs ...

Taxpayers should make only eligible claims as any discrepancy could lead to significant penalties and even legal action.

To find out if your bank offers the facility, you can check for the Net Banking option on the Income Tax e-Filing website, or ...

Learn how pensioners can file income tax returns effortlessly using TaxBuddy’s DIY platform. Step-by-step instructions ...

Individuals can still switch between the two tax regimes at the time of filing their returns, with key differences based on ...