Here is a set of lesser-known Income Tax sections that are often overlooked by taxpayers. Exploring them before filing the return could help in significant savings.

The Capital Markets Efficiency Promotion Act imposes a 20% tax on the interest income on long-term investments, but interest ...

Starting July 1, tax on interest income will increase to 20%, a move the government claims is meant to “ promote equity and eliminate tax arbitrage .” Sounds complicated? Let’s skip the jargon and get ...

Filing your Income Tax Return (ITR) using the wrong form can lead to your return being marked as defective by the Income Tax Department. To avoid unnecessary delays or rejections, it is important to ...

When retiring early, married couples can use this little-known (and legitimate) strategy to take a six-figure income every ...

Taxpayers must review Form 26AS, AIS, and TIS before filing income tax returns. The Annual Information Statement (AIS) offers a detailed view of earnings, taxes, and investments, allowing taxpayers to ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...

Estimate your federal refund or taxes due using our free income tax calculator. Enter your income, age and filing status to get started.

Information Statement (AIS) shows incorrect data, it’s important not to ignore it. Errors or mismatches in the AIS can lead ...

After excluding fleet and commercial vehicles and customers above the income cutoff, an estimated 3.5 million new vehicle ...

Norwegian telecom operator Telenor reported second-quarter earnings that were above analysts' expectations on Friday, benefiting from a strong performance in the Nordics.

The Central Board of Direct Taxes (CBDT) has extended the last date to file income tax return from July 31, 2025, to September 15, 2025, for the financial year 2024-25. In the past, CBDT has asked the ...