Property buyers purchasing assets valued at Rs 50 lakh or more must deduct 1% TDS before completing the transaction. This ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Tax deduction at source (TDS) or ...

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

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, ...

Taxpayers face strict TDS and transfer-pricing filing deadlines. Starting December 1, key financial regulations will undergo changes that impact taxpayers, pensioners, and everyday consumers. As the ...

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 141 is a PAN-based challan-cum-statement for reporting and depositing TDS deducted. The income tax department has introduced a new TDS form that makes reporting and paying ‘Tax Deducted at Source ...

May tax deadlines: As the new financial year gathers pace, May 2026 brings a series of key tax deadlines that taxpayers cannot afford to miss. Experts are urging individuals and businesses to stay ...

June 2026 income tax deadlines are closer than many taxpayers realize. Form 16 issuance, TDS deposits, advance tax payments ...

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 ...