Income Tax Refund Status, Risk Management for AY 2025-26 Explained: The messages and e-mails from the Income Tax Department, ...

Learn why the Income Tax Department is sending risk management SMS alerts and how they differ from scrutiny notices. This guide explains what taxpayers should do if their refund is temporarily ...

While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...

The Income Tax Department said these messages are linked to transaction-related information that is already available with ...

Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...

People across the country already struggle to exercise economic and political control over their own lives, and there may be imminent changes in economic and tax policy that could make things worse.1 ...

Failure by an ROR to disclose, or incorrect disclosure of, foreign income and/or assets may attract these tax and penalty ...

Many taxpayers are unsure about how long-term capital gains (LTCG) from the sale of a commercial property are treated under the Income Tax Act. A common question is whether the tax exemption available ...

Discover how factor income, from rents, wages, and profits, impacts GDP and GNP. Learn its role in income distribution and ...