ClearTax’s How India Filed in 2025 report reveals a surge in multi-income tax filings, driven by millennials and Gen Z ...

According to the ClearTax annual report, traditionally, the bulk of salaried taxpayers filed simpler forms such as ITR-1, ...

Cleartax annual report for 2025 suggests that tax filers are no longer relying on a single source of earnings. They are ...

The most striking transformation appeared in the composition of returns filed this year. ITR-3 filings, representing ...

India’s taxpayer profile is undergoing a structural shift, with more individuals earning from multiple sources rather than ...

TCS is a 1% tax on motor vehicles over ₹10 lakh. Buyers can claim a refund when filing their annual ITR, provided they meet ...

India’s 2025 tax returns offer a rare glimpse into a changing economic mindset. From side businesses to market investments, taxpayers are no longer relying on a single stream of income.

Younger taxpayers are leading this transition. Individuals aged 25-35 accounted for 42.3 per cent of all ITR-3 filings, ...

Selling assets like gold or stocks in India can attract substantial taxes, but Section 54F of the Income Tax Act, 1961 offers ...

India’s tax data shows a shift beyond salary-only incomes, with Gen Z and millennials increasingly reporting multiple income ...

India’s high-income salaried class is growing at a fast pace as the share of salaried taxpayers earning more than Rs 30 lakh a year increased from 18.49 per cent in 2024 to 23.34 per cent in 2025, a ...

Income tax refund delays beyond December 31 are not uncommon, as there is no penal consequence for the department during this ...