With the financial year drawing to a close, several changes in income-tax rules take effect from April 1, making it important ...

Tax season opened this year on January 26, 2026, and the IRS expects to process more than 164 million individual tax returns for the 2025 tax year. But not everyone is rushing to file, and not ...

March 15 is the deadline for the final advance tax installment for FY 2025–26. Salaried individuals with extra income may need to pay.

Senior citizens can secure attractive fixed deposit rates, with some banks offering up to 7.9% for a five-year tenure on deposits up to Rs 3 crore. While banks deduct TDS on interest exceeding Rs 1 ...

If you pay more than ₹50,000 in monthly rent, there is an important income tax rule that every tenant in India should know. Under Section 194-IB of the Income Tax Act, tenants paying rent above this ...

The One Big Beautiful Bill Act made some long-awaited permanent changes to the tax code. It also introduced short-term tax ...

With the tax filing season already underway, revised 1040 instructions make the tips deduction more complicated and limited for the self-employed.

Key actions taxpayers must complete before March 31, including advance tax payment, 80C investments, proof submission, and capital gains review.

B, and Books of Account to detect errors in output tax and ITC claims. Identifying common reconciliation mistakes early helps ...

The proposed amendments rationalise tax provisions, simplify reporting rules, and introduce clearer deductions and exemptions. The reforms aim to improve voluntary compliance and reduce tax ...