Check Taxable Income: In part B of Form 16, one can find their taxable income details towards the end. Make sure all the ...

Income Tax Department has introduced TAXASSIST' to address commonly asked queries and notices during the present ITR filing ...

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 ...

It’s ITR season but many taxpayers can’t find the ITR-2 and ITR-3 forms on the Income Tax portal yet. If you have capital gains, foreign income or business income, this delay might worry you. The good ...

It is not mandatory to file an ITR if your income falls below the exemption limit, but filing it can help you earn rewards in ...

This form is usually shared by your employer around June each year. For most salaried individuals, Form 16 is the key to ...

The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

Tax on gifts, HRA claims for rent to parents, and cash transaction limits, here are some of the less-known income tax rules ...

Taxpayers can now file their Income Tax Returns using net banking even if they've forgotten their portal passwords.

The National Taxpayer Advocate, Erin Collins, released her fiscal year 2026 Objectives Report to Congress. While the ...