Individuals below the exemption threshold are generally not required to file returns unless they meet specific conditions ...

Given that the AY 2026–2027 ITR filing is the final one under the previous Income Tax Act and that major changes have been made this year, taxpayers should take all necessary steps to ensure that ...

The newly enacted Income-tax Act, 2025 (ITA 2025), is largely intended to simplify and reorganise tax provisions rather than materially alter the taxation framework for capital gains and losses.

Form 26AS, used for taxes verification, will be replaced by the new Form 168 under the Income Tax Act, 2025. This auto-generated statement will provide comprehensive tax-related information starting ...

Americans not currently living within the nation's boundaries have only a few days left to file 2025 federal income tax returns.

Planning to file your ITR soon? Before you begin, it may be worth slowing down for a moment. From new disclosure requirements to tweaks in reporting rules, tax return filing this year comes with a few ...

The Income Tax Return (ITR) filing season for Assessment Year 2026-27 is now underway, and taxpayers across India are ...

Mumbai ITAT held that once receipts reflected in Form 26AS are assessed as taxable income, corresponding TDS credit cannot be denied on technical grounds. The AO was directed to verify records and ...

Direxion filed for effectiveness on 92 ETFs in a single filing, a potentially record-setting move amid a broader surge in crypto and leveraged ETF applications.

Three Chinese astronauts returned to Earth on Friday after spending nearly seven months in space, setting a record for the longest on-orbit stay by a Chinese ...

Retirement does not automatically exempt individuals from income tax filing, as pension income remains taxable in many cases.

Reporting entities filing Statements of Financial Transactions (SFTs) must avoid common mistakes such as incorrect PAN ...