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 ...

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, ...

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 ...

ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.

As the new financial year has already started from April 1, taxpayers across the country are gearing up to file their Income Tax Returns (ITR) for the previous year. The Income Tax Department is ...

Good news for individual taxpayers including salaried as the Income Tax Department has released Form 13 which is used for applying for lower or nil rate of TDS deduction for FY 2025-26. This form can ...

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 ...

To obtain Form 16 digitally, employees or employers can visit the official TRACES portal. As the income tax filing season approaches, salaried individuals across India gear up to submit their returns, ...

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 ...

Income Tax Return and ITR Refund for AY 2025-26 processed or not? How to check status (AI-generated image) ITR filing for FY 2024-25: The ITR filing process is in full swing, with nearly 25 lakh ...