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3 mins read

Wondering which ITR form is right for you? Know all about it here

It's time to file your ITRs! While the deadline is 31st July, it's best to not put off filing your …

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3 mins read

Decoding Form 16: How do you file your taxes if you don't get Form 16?

While you can still download Form-16, there's another, manual way to figure out your tax liability.…

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3 mins read

Confused about the new tax regime? Here's when you should opt for it

The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…

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3 mins read

Last-minute rush: 5 things to do before March 31

March 31 is the end of the financial year and is often a busy time for accountants and bankers. Eve…

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1 min read

Link PAN with Aadhaar by May 31 to avoid double TDS deduction: Income Tax Department

The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid ta…

PTI   


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4 mins read

ITR filing deadline is today – If you miss it, there are more consequences than just a penalty

The Income Tax Act provides provisions for offsetting and carrying forward losses. Offsetting invol…

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2 mins read

One in four taxpaying citizen yet to file IT returns with 3 days to deadline

Revenue Secretary Sanjay Malhotra said last week that the possibility of extending the deadline for…

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2 mins read

You can now file your taxes directly to the IRS for free — if you live in 1 of these 12 states

The IRS has launched a free tool for taxpayers to file tax returns online, but there's a catch: you…

Dominick Reuter   


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4 mins read

People are getting taxed for gig work they've never done

Uber and DoorDash have been sending tax forms to people who have never worked for the gig delivery …

Alex Bitter   


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2 mins read

Only 2 days left to link PAN with Aadhaar – Missing the deadline will lead to PAN deactivation and more

The Finance Ministry had extended the deadline to link one’s Permanent Account Number (PAN) with Aa…

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1 min read

Why stocks will stay under pressure until tax day on April 15

"This is a short-term mechanical issue and will dissipate when tax day passes. In other words, take…

Matthew Fox   


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3 mins read

Elon Musk's Twitter made a mistake on tax documents for laid off workers. Now they may miss the tax filing deadline.

Laid off workers likely received incorrect W-2s due to an error related to the sale of Twitter stoc…

Kali Hays,Sindhu Sundar   


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3 mins read

Two new tax rules you should be aware of when filing your taxes

With the income tax filing deadline less than a month away, you need to ensure you are up-to-date o…

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1 min read

Govt extends deadline for filing September GST return till Oct 21

The government has extended the deadline for filing GST returns for the month of September by a day…

PTI   


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1 min read

Due date for filing income tax returns extended to March 15, 2022 for individuals whose accounts are to be audited

On consideration of difficulties reported by taxpayers/stakeholders due to Covid & in e-filing …

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3 mins read

Tax man introduces ITR 1 and ITR 4 forms – Here’s what it means

The Central Board of Direct Taxes (CBDT) has revealed the Income Tax Return (ITR) Forms 1 and 4 for…

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1 min read

Income tax filing deadline for FY21 extended to December 31

The government has extended the deadline because of continuous technical glitches reported on th…

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2 mins read

Relief for taxpayers: Deadline to file income tax returns extended further to January 10

The extension of the deadline is specifically for those individuals whose accounts do not requir…

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5 mins read

How to file income tax return online for salaried employees 2022-2023

If you are new to filing income tax returns online, you must know that it is a very easy process. …

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6 mins read

Missed filing your tax returns? Here’s what you pay in late fee & penalties

Throughout the month of July 2022, the Income Tax Department has been sending reminders urging t…