Most of the income tax changes announced in July 2024 will affect tax deductions and exemptions that can be claimed while filing an income tax return (ITR) in July 2025. ET Wealth Online has listed 15 ...
If you plan on filing your own taxes this year, you may qualify for a simple tax return. You can file a simple tax return for free using one of the many tax filing programs we recommend.
The IRS Direct File program, which lets taxpayers file their federal income tax return directly with the IRS for free, is doubling its reach to 24 states for the 2025 tax season, up from 12 states ...
Failure to disclose foreign income and assets leads to violation of Black Money and Imposition of Tax Act, 2015. The last date to file a revised return is Dec 31. Vivad Se Vishwas Scheme ...
According to the Section 139 of the Income Tax Act, 1961, any individual who has not yet filed their income tax returns can further receive multiple different kinds of returns from the IT department, ...