Even if your income is under the taxable limit, you might still be required to make an Income Tax Return. The legislation ...

Here, we will tell you the benefits of filing an ITR even if your annual income is below Rs 2.50 lakh. In the case of Tax Deducted at Source (TDS) from salary during a financial year despite falling ...

As per the present tax laws, a person can file only ITR for only one year at any given point of time between April and December of the year following the financial year.(Pixabay) I have never filed my ...

Tax season might seem complex! In India, you aren’t required to file a return if your income is below the basic exemption limit, which varies based on your age and chosen tax regime. The threshold for ...

If you’ve spent ₹2 lakh or more on foreign travel—whether for yourself or someone else—that alone triggers a requirement to ...

Many taxpayers believe that if their income is below the taxable limit or if their employer has already deducted the applicable TDS from their salary, they do not need to file an Income Tax Return ...

'Filing a nil ITR serves as a formal declaration to the tax authorities that your earnings fell below the taxable threshold in the given financial year, and you had no tax liability during that period ...

Form 16 is a document which a salaried employee gets from his/her employer containing tax deducted at source and the salary break-up. It is mandatory for every employer to provide their employees with ...