If you haven't yet linked your PAN card and Aadhaar card, don't delay. The Income Tax Department has clarified that if the ...

Income tax refunds are now processed faster, but delays can occur. Taxpayers can track their refund status on the e-Filing portal or NSDL/TIN for older refunds. Potential delays stem from outstanding ...

Made a mistake while paying Advance Tax or Self-Assessment Tax? This guide explains how to correct wrong Assessment Year, Head Code, or PAN in your Income Tax challan using the e-filing portal — ...

ITR Refund Status: The Income Tax Department has started crediting ITR Refunds to bank accounts of eligible taxpayers who filed their ITRs on time. However, many taxpayers have complained that they ...

Gifts received from specified relatives are fully exempt from income tax under Section 56(2)(x). Learn the definition of ...

On the other hand, a one-time lump sum alimony is generally treated as a capital receipt and therefore not taxable in the ...

The government issued ₹2 trillion in tax refunds to individuals and businesses, according to the income-tax department. (Image: Pixabay) New Delhi: The Centre has netted ₹11.89 trillion in corporate ...

Small costs add up. The $3 ATM fee at the airport, the $5 tip for the bellhop, the $2.50 for printing boarding passes at the hotel business center. These incidental expenses don't fit neatly into ...