If you pay income tax and do not want to face any kind of penalty or notice, then this news is very important for you. The ...

As tax season approaches, it's crucial to understand the implications of not filing your taxes by the April 15 deadline.

Advance tax is applicable when the total tax liability for a financial year exceeds Rs 10,000. It is computed based on the estimated income for the year and paid in instalments as per the due dates.

Making timely paymenst is crucail when it comes to tax compliance so as to avoid penalties and interest. Also, meeting deadlines ensures last minute stress and smooth tax filing process.

Except for some senior citizens, advance tax must be paid by all assessees, including NRIs, if the tax payable is ₹10,000 or ...

Those due to sell property in March should consider deferring the sale to April to optimize advance tax payments and ...

The income tax department has listed such individuals with undisclosed income subject to income tax and accordingly, the ...

Here's when the last day to file taxes is, a quick breakdown on some new forms for the 2024-25 tax season and how to track ...

A Bollywood actor wins a major tax case on Foreign Tax Credit (FTC). Learn how FTC works, key legal takeaways, and how to ...

The deadline to file taxes is Tuesday, April 15, 2025. If April 15 falls on a Saturday, Sunday, or legal holiday, Tax Day is the next business day.Americans residing overseas have an extended deadline ...

Taxpayers can reduce tax liabilities by claiming House Rent Allowance (HRA) exemptions. Salaried individuals can claim HRA ...