As the income tax return (ITR) filing season for Assessment Year (AY) 2026-27 gets underway, many taxpayers are looking for ...

Income Tax is the portion of your income that you pay to the government. It is calculated on what you earn in a year: Salary, ...

India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings ...

The Income Tax Act, 2025, effective from April 1, 2026, renames Form 16 to Form 130. Salaried taxpayers should wait until June 15 to file ITR for AY 2026-27, as employers must provide Form 130 by this ...

Income Tax Returns 2025-26: The new tax regime may be more beneficial for those with fewer deductions and a preference for ...

Employees Can Switch to the Old Tax Regime While Filing Their Income Tax Return and May Even Claim a Refund As the Income Tax ...

Tax experts generally recommend waiting until around June 15, as Form 16 is typically issued to employees by that date, following the end of the financial year ...

With the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of ...

Should You Wait For Form 16 To File ITR? "Technically, taxpayers need not wait for the Form 16 and can file their return ...

It is important to ensure that details on your TDS statements (Form 16 and 16A) and financial statement Form 26AS match before you complete your income-tax returns so as to ensure smooth filing and ...

Form 26AS is essentially a tax passbook maintained by the Income Tax department. It contains details of tax deducted at source (TDS), tax collected at source (TCS), advance tax pa ...

Tax experts advise salaried individuals not to rush into filing returns before receiving Form 16 and updated tax records, as ...