Everyone whose monthly rent is more than Rs 50,000 is liable to deduct TDS under section 194-IB. TDS or tax deducted at source is widely known in the case of salaried employees, as it becomes ...
Taxpayers often need to check their TDS status. In such a situation, they can easily check TDS from home. Under TDS, the government keeps some percentage of the money with itself. This tax is ...
ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.
As the financial year draws to a close, many salaried employees are preparing to receive their Form 16, a crucial document for filing Income Tax Returns (ITRs). Form 16, which details salary income, ...
To obtain Form 16 digitally, employees or employers can visit the official TRACES portal. As the income tax filing season approaches, salaried individuals across India gear up to submit their returns, ...
The year 2025 has been significant for income taxpayers in many ways. This year, not only were tax-related rules changed, but ...
In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank ...
The government has extended the deadline for filing income tax returns (ITR) for the financial year 2024-25 (assessment year 2025-26) to 15th September 2025. This extension benefits taxpayers whose ...
The PAN–Aadhaar linking deadline ends on December 31. If you miss it, your PAN may turn inoperative, tax refunds can get ...
Over 1.23 lakh income tax returns (ITRs) have been filed and more than 1.12 lakh returns verified in the first five days of the Income Tax Department kicking off the tax return filing with the release ...