Refunds may take longer in cases involving high-value claims, as such returns are subjected to additional automated checks and validations ...
New income tax rules for 2025 bring welcome changes. Salaried individuals earning up to Rs 12.75 lakh will pay no tax. TDS ...
According to the ClearTax annual report, traditionally, the bulk of salaried taxpayers filed simpler forms such as ITR-1, ...
The number of individuals declaring annual income of over ₹1 crore has increased sharply in India, even as the overall base ...
From higher tax-free income thresholds and relaxed TDS norms to a longer window for correcting past returns, the measures ...
The number of revised and updated ITRs reflects a sharp rise in voluntary tax compliance under its behavioural 'NUDGE' ...
As India gets closer to the Union Budget 2026, tax policy has to make a significant shift away from revenue mobilization and ...
AY structure with a unified Tax Year under the new law. The key takeaway is simpler compliance, clearer timelines, and fewer filing errors without changing core tax ...
Cleartax annual report for 2025 suggests that tax filers are no longer relying on a single source of earnings. They are ...
In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank ...
India’s economic footprint extends far beyond its borders. Millions of Indians living abroad continue to hold property, ...
New York families can claim a $1,000 child tax credit in 2026 for kids under four. Single parents earning under $75,000 ...