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How to file Income Tax Returns? Step-by-step guide, documents required

Income Tax Returns: It is always advisable for taxpayers to file their ITRs at the earliest to avoid last-minute rushes, which may lead to errors in filing.

The deadline for ITR filing is July 31.(Reuters)
Updated on Mar 05, 2025 02:03 PM IST
ByAshley Paul

IRS refund: How to file and track tax refund for 2025

The window for filing tax returns has been opened by the Internal Revenue Service for 2025. Know how to go ahead with it.

Internal Revenue Service has opened the window for filing and processing tax returns(Pixabay)
Updated on Feb 19, 2025 06:35 PM IST

I-T Dept uncovers 22,000 crore in undisclosed foreign assets and investments

The Income Tax department sends notices to taxpayers for failing to declare foreign assets, with penalties up to ₹10 lakh for non-compliance.

Revised Income tax slabs: Under the new tax regime, a nil tax slab will apply to annual incomes up to <span class='webrupee'>₹</span>12 lakh ( <span class='webrupee'>₹</span>12.75 lakh for salaried taxpayers with a standard deduction of <span class='webrupee'>₹</span>75,000).
Published on Feb 18, 2025 04:38 PM IST

Middle class jackpot! Who saves the most under the new tax regime?

Income Tax Slabs – AY 2025-26: Most taxpayers, especially those earning up to ₹25 lakh, will benefit from new regime exempting incomes up to ₹12L from tax. 

Union finance minister Nirmala Sitharaman outside the finance ministry ahead of the presentation of the ‘Union budget 2025-26’ in New Delhi on Saturday, (Sanjeev Verma/ Hindustan Times)
Updated on Feb 01, 2025 06:35 PM IST

Budget 2025: Will you have to file ITR even if tax liability is zero?

Union finance minister Nirmala Sitharaman announced that no income tax will be payable on income up to ₹12 lakh.

During AY 2022-23, over 2.69 lakh entities, including individuals, companies, firms and trusts, have shown total income of above <span class='webrupee'>₹</span>1 crore.(MINT_PRINT)
Published on Feb 01, 2025 04:04 PM IST
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