For the Assessment Year (AY) 2024-25, filing your Income Tax Return (ITR) is compulsory if your income exceeds the basic exemption limit. The Income Tax Department has extended the last date to file ...
Taxpayers should review their filing status if they experienced a major life event like marriage or divorce in 2025. Consider "bunching" deductions, such as charitable donations or state tax payments, ...
On September 15, 2025 at 7.30PM The Income Tax Department released an advisory on social media platform X (formerly Twitter) The Income Tax Department said: With the ITR filing deadline of September ...
Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...
A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...