If a taxpayer doesn't file the ITR (Income Tax Return) before the deadline, they may need to pay a fine of Rs 5,000 (if ...

The Income Tax Department has now made ITR-2 available for online filing with pre-filled data. This update makes it easier ...

The Capital Gains Account Scheme is a special facility offered to taxpayers under the current income tax laws, allowing ...

Individual taxpayers must file their ITR before September 15, 2025. Typically the last date every year is July 31 but it was ...

With the ITR filing deadline for FY2024-25 extended to September 15, taxpayers with rental income can lower their tax burden through smart deductions. From municipal taxes to home loan interest ...

This stern action from the Income Tax Department came after they found several bogus bills claimed by several intermediaries ...

HMRC has confirmed a new income tax change set to be introduced in April next year. The modification will affect sole traders ...

The season of filing income tax returns (ITR) is going on, and many taxpayers are confused about the last date, especially when the government has extended it. Importantly, the last dates for filing ...

Lockheed Martin has been lagging other major defense contractor stocks. The stock's valuation is compelling and the dividend ...

The tax dispute stems from the assessment year 2018-19, during which the Congress filed its income tax return on February 2, 2019 more than a month after the deadline of December 31, 2018.

Brits are being warned that a significant HM Revenue and Customs (HMRC) change could affect them next year. Sole traders and landlords earning over £50,000 will be ordered to use Making Tax Digital ...

The One Big Beautiful Bill is quickly sunsetting tax credits for all sorts of clean energy purchases—from EVs and heat pumps ...