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 ...
I-T Department's deadline given to people for filing their revised ITRs is in focus now. However, some refunds filed have ...
The most striking transformation appeared in the composition of returns filed this year. ITR-3 filings, representing ...
Several rules, including the 8th Pay Commission, ITR, LPG, car prices, and digital payments, are changing from January 1, ...
TCS is a 1% tax on motor vehicles over ₹10 lakh. Buyers can claim a refund when filing their annual ITR, provided they meet ...
The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ITR. It needs to be noted that your refund could be stuck if you do not ...
Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...
One of the most urgent compliance requirements relates to PAN-Aadhaar linking, especially for individuals whose Permanent ...
Selling assets like gold or stocks in India can attract substantial taxes, but Section 54F of the Income Tax Act, 1961 offers ...
Explains source-based taxation for NRIs, highlighting taxable Indian income and compliance essentials. Takeaway: focus on India-source income and avoid reporting foreign ...