Even if your Form 16 shows zero tax payable due to the Section 87A rebate, filing an Income Tax Return (ITR) might still be mandatory. Certain income levels, high-value transactions like significant ...

Even with a zero tax liability due to the Section 87A rebate, filing an income tax return (ITR) may be necessary. Your obligation to file depends on your total income and the tax regime you choose.

Under the income criteria, an individual is required to file his ITR if his income from all the sources during a financial year exceeds the amount of basic exemption limit.

A nil tax liability in Form 16 does not automatically exempt salaried taxpayers from filing an ITR. Filing may still be necessary to claim refunds, carry forward losses and meet reporting requirements ...

As the Assessment Year 2026-27 filing season gets underway, some salaried individuals frequently wonder if they should file an Income Tax Return (ITR) even if they don’t have any tax liability. The ...

If you have incurred a capital loss on your investments this year, do not panic. Isha Jaiswal states, "If you file your ITR ...

Today is the last day for eligible taxpayers to file income tax returns. Over 5.44 crore ITRs have been filed so far. Follow ...

Salaried employees face a crucial tax decision between old and new regimes. The new tax regime offers lower tax liability across various income levels. However, substantial deductions can make the old ...

Before deciding to skip return for the AY 2026-27, retirees should consider the income tax slabs for senior citizens under ...

Filing your income tax returns (ITR) can be a tough task for first-time taxpayers and salaried individuals alike. Here's a checklist of essential documents you'll need to make the process smooth and ...

Salaried taxpayers who switched jobs need to be careful while filing their income tax returns. Switching jobs changes tax calculations at both companies - one that you are leaving, and the other that ...

In last year's budget, the timeframe for filing an 'Updated Return'—intended for rectifying errors—was extended from two ...