For fiscal year 2024-25, Form 16 will reflect changes like increased standard deduction under the new tax regime. It will ...

Salaried employees in India will receive their Form 16 documents for the Financial Year 2024-25 by June 15, 2025. This is an ...

Form 16 is vital for salaried employees during tax season, summarising income and TDS details. Easily downloadable from the ...

The One Big Beautiful Bill Act exempts tips and overtime from taxation, but a new $1,000 Trump Deduction could deliver the ...

The Income Tax Department has released updated Excel utilities for ITR-1 and ITR-4 (AY 2025-26), introducing significant ...

Salaried employees will soon receive their Form 16 for Assessment Year 2025–26, featuring a more detailed breakdown of salary ...

There are a range of tax benefits offered to senior citizens which include higher exemption limit, higher deduction on ...

Mumbai ITAT rules in favor of Archana Foundation, allowing tax exemption despite 18-day filing delay, citing reasonable cause and judicial ...

Taxpayers must avoid errors in ITR filing for AY26 to prevent issues. Common mistakes include incorrect details, mismatches, ...

Delhi High Court quashes Section 201 TDS notice against Conner Institute, ruling no default when payee obtained a lower deduction certificate, highlighting the prerequisite for such ...

Taxpayers should verify Form 16 details before filing their return and complete the e-verification process to avoid penalties ...