Taxpayers must review their Annual Information Statement before filing their Income Tax Return. This statement details financial transactions linked to a taxpayer's PAN for a specific year.

If you have bought a car worth more than ₹10 lakh, you would have paid a TCS of 1% to the dealer. This is not an additional tax but a tax credit that can be adjusted against your total income tax ...

The official season for filing income tax return (ITR) has begun and taxpayers are busy compiling their documents, reaching out to chartered accountants (CAs) and navigating their income tax return ...

PAN and Aadhaar are among the most important identity documents required for financial transactions in India. Whether you're ...

Students, salaried individuals, and pensioners can file ITR-1 for AY 2026-2027. The deadline for filing this income tax ...

Discover how Indian investors can buy US stocks like Apple, Nvidia, Tesla, Microsoft and other global companies through GIFT ...

Filing your Income Tax Return (ITR) is not the final step in the tax filing process. Taxpayers must also e-verify their return within the prescribed timeline, failing which the return may be treated ...

According to tax experts, if a minor child earns Rs 10 lakh by participating in a skill-based competition, the income will ...

Indian influencers and gig workers face significant tax compliance challenges. Many struggle with tracking income and claiming eligible deductions accurately. Discrepancies in TDS reporting create ...

The IT services major plans to expand the network to 10 centres globally by the end of 2026, including four in India TCS & Google Cloud open Gemini Experience Center. Kolkata center aids agentic AI ...

A small mistake in your income tax compliance can turn into a big financial setback. From late filing fees to steep penalties for under-reporting income, the Income Tax Act prescribes strict ...