As the income tax filing season approaches, salaried individuals across India gear up to submit their returns, with Form 16 playing a crucial role in the process. Issued by employers, Form 16 ...
ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.
Salaried individuals will shortly begin receiving Form 16 from their employers to initiate the income tax return (ITR) filing process for the Assessment Year 2025–26. This essential tax document is ...
Senior citizens are given an exemption limit up to Rs 3,00,000 while very senior citizens (people above the age of 80) have a higher limit of Rs 5,00,000 available. The exemption limit for a ...
Filing Income Tax Return (ITR) is an annual obligation for eligible Indian taxpayers. Filing your Income Tax Return (ITR) is a crucial step that not only fulfils a legal requirement but also ...
Mumbai: As tax filing season for FY 2024-25 begins, salaried employees must deal with various documents and deadlines. But one document stands out—Form 16. It’s not just a tax certificate but a ...
ITR filing FY 2024-25: The last date to file your Income Tax Return (ITR) for AY 2025-26 is approaching. This year the Income Tax Department has extended the ITR filing deadline to September 15, 2025.
Income Tax return filing has only 17 days left before the extended deadline ends, and less than half of the total expected returns have been filed for the assessment year (AY) 2025-26. According to ...
The Income Tax department has now notified all seven forms for taxpayers — with most salaried individuals required to submit the details by July 31. Employers are also likely to share Form 16 in the ...
As the tax season approaches, the average salaried employee finds themselves juggling with a plethora of documents, doubts and deadlines. Amid this maze of essential documents, Form 16 stands out, not ...
The Income Tax Department has activated online filing for ITR-5 and ITR-7 forms, pre-filled with data, on its official ...