New Delhi, Aug 11 (PTI) The new Income Tax Bill, passed by Lok Sabha on Monday, has retained the provisions regarding ITR filing for TDS claims and tax exemptions for anonymous donations made to all ...

In a move aimed at simplifying the income tax return process, the Income Tax Department has announced the launch of Digital Form 16, an electronic version of the traditional Form 16. This initiative ...

As the financial year draws to a close, many salaried employees are preparing to receive their Form 16, a crucial document for filing Income Tax Returns (ITRs). Form 16, which details salary income, ...

Banks or financial institutions deduct TDS on fixed deposits when the interest earned exceeds certain thresholds. September 15, 2025, last date for submitting the Income Tax Returns (ITRs) for the ...

Taxpayers often need to check their TDS status. In such a situation, they can easily check TDS from home. Under TDS, the government keeps some percentage of the money with itself. This tax is ...

Commuted pension received from certain notified pension funds, like LIC Pension Fund, will now be fully tax-free. (Representational Image: X) The new Income Tax Bill will replace many of the existing ...

Good news for individual taxpayers including salaried as the Income Tax Department has released Form 13 which is used for ...